1.   Even then, a utility is not allowed to assess late penalties, but can initiate termination proceedings.

2.   While the Postal Service is not contesting the harassment finding and has launched termination proceedings against Townsend, it is wrangling over his financial compensation.

3.   But according to the contract, Hopewell can also bring termination proceedings if it believes the Thai authorities have breached the six-year-old contract.

4.   Hopewell chairman Sir Gordon Wu said the firm was set to begin termination proceedings on the contract.

5.   HOPEWELL Holdings has set a mid-January deadline to hear from the Thai government after which it will begin contract termination proceedings over the stalled Bangkok road and rail project.

6.   The termination proceedings can be initiated by either party issuing a letter advising the other party it is in breach of the contract agreement.