Sentences with phrase «costly labor peace»

Percoco allegedly intervened to help Cor avoid having to sign a costly labor peace agreement on one project and to resolve problems with delayed state payments on another.

Not exact matches

In another aspect of the alleged schemes, officials at COR Development paid tens of thousands of dollars to Percoco — using Howe as a pass - through to conceal the payments — in exchange for official favors that included reversing a state decision that would have forced the company to enter into a costly «labor peace agreement»; freeing up a backlog of state funds that had been promised to the developer; and securing a $ 5,000 raise for Steven L. Aiello, the son of COR president Steven F. Aiello.
That deal, done as a way to keep labor peace, unexpectedly turned costly when oil prices shot up, pulling inflation and interest rates along with it.
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