GT Advanced Says Apple's 'Oppressive and Burdensome Terms' Resulted in Bankruptcy Filing

GT Advanced Says Apple's 'Oppressive and Burdensome Terms' Resulted in Bankruptcy Filing

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The Jett - October 12, 2014 at 9:38am
Burdensome and oppressive - you mean like any other loan? (Mortgage, car loans, education loans, credit cards) No one is excited and thrilled about debt! I can't use that excuse to get out of paying for my education or house. The court needs to shift blame to management and give adequate severance to workers before management (so that the management doesn't get a hefty bonus as an incentive for a 'tidy and timely shut-down)
2
KMC King - October 11, 2014 at 5:55pm
Why accept a contract that you can't fulfill? No one forced them to sign the contract. Dumbass GT Advanced can only place the blame on themselves.
Pacoroban - October 11, 2014 at 8:58am
The GT company is ran by Mexicans by Mexicant.
Judge Dreed - October 11, 2014 at 7:05am
Apple has a tight contract and if you can't deliver, you will lose a lot more than your petty cry for Oppressive and burdensome claim. Accept a contract you can't deliver will get you more than a slap in the hand, it will bankrupt your reputation, records and potentially everything you own. Your great grand kids will feel the pain.
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SimonSays - October 11, 2014 at 5:00am
So these greedy bastards thought they could deliver what apple wanted, they failed and now they are crying for help because apple refuses to pay them for their failures? I really hope the judge sees through their bullshit and doesn't let them wind down their operations. Putting 850 people out of a job is a crime in itself!
Gern Blansten - October 10, 2014 at 8:47pm
Someone wants more money. Watch these chuckleheads scatter after the bankruptcy, only to reform at a later date under a different name, with their hands out.
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BobLoblaw - October 10, 2014 at 7:45pm
If they didn't like the contract, why did they sign it in the first place?
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Ken - October 10, 2014 at 11:02pm
Because they are run by stupid people it seems.
iAmMe - October 11, 2014 at 3:30am
Perhaps they were overwhelmed by the opportunity to work with a great company but later found they couldn't deliver what apple wanted so now they want to bail out. Now I watch production could be affected. :(
Not apple fan anymore - October 10, 2014 at 7:04pm
That doesn't even make sense what you just said.
Phuc King - October 10, 2014 at 6:50pm
Apple want to bring its communist contracts to the US. I'm pretty sure it works well in China but not in the US. That is why Jobs like it there and Cook can't ever moved iPhone production stateside.
Phuc you - October 10, 2014 at 8:06pm
Or that both tried and no success, besides iPhones are assembled nearly worldwide.
Bill - October 11, 2014 at 5:38am
GT simply wants to have access to a ceaseless supply of cash to produce sapphire as its gonna be hella expensive to do it in the yields apple needs so they just gonna go belly up halfway to force a purchase. We better hope China doesn't get smarter and purchase them , then they get all the technology oh well watch it. Apple will probably end up buying them. Watch this space
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Techno1 - October 11, 2014 at 7:08am
Communist or opportunity and jobs in the U.S. You take the crown for the most idiotic member of the week.
Bill - October 11, 2014 at 8:02pm
You make no sense idiot
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