They had argued that such a drastic reduction in Iraq's debts would be unfair to other nations that are saddled with onerous debts but that lack the potential oil wealth to pay.

But Mr. Gerungan said the bank agency did not want Texmaco's engineering business because the unit had onerous debts and dim prospects.

Manchester United's board of directors said it had rejected a potential takeover plan by Glazer, as currently structured, out of fear that it would leave the team leveraged with onerous debt.

The onerous debts of Federated and Allied have raised the specter of bankruptcy.

Such a move, coming one day after Japan announced a plan to cleanse onerous debts from its banking system, would delight many investors.

But its onerous debt of at least $31 billion remained, forcing it to make the largest bankruptcy filing in United States history.

This said that society was entitled to collect an especially onerous debt when feet of clay were discovered on a role model.

Attitude of Suppliers Besides its onerous debt, a major obstacle for Campeau is the attitude of its suppliers.

That left open the question of whether it would be able to renegotiate the terms of its onerous debts.

He does not believe the Polish economic reforms can succeed without compromise on repaying Poland's onerous foreign debt.