Article: HYATT RESORT IN $$$ TROUBLE.(Hyatt Resort on Grand Cayman problems causing difficulties for Amec)

A 300-room luxury hotel in the Grand Cayman could be responsible for a further pound sterling30 million writedown for the troubled infrastructure specialist Amec, reports The Observer of London (Dec. 8, 2002). After a week in which Amec issued a pound sterling15 million profit warning, it has emerged that the firm has a diminishing asset in the shape of the Hyatt Resort on Grand Cayman. The hotel, which featured in the film of John Grisham's The Firm, was put up for sale for pound sterling60 ...

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