One of its purposes was to square away those offers in the face of a total collapse of the conference: to provide a ratchet that, while not offering progress, limited backsliding.
It is one of the biggest recent buy-outs to face collapse because of credit woes.
Investors face the news of another major financial collapse on Wall Street.
Fire crews said the main concern was the uncertainty of the sheer face, with sudden collapse a possibility.
The past few weeks have been described as one of the most difficult times for retailers following the collapse of Jessops and Comet, while HMV and Blockbuster face an uncertain future after they went into administration, having both notably failed to cope with competition from online competitors.
"Failure to carry out the sea wall repairs will leave the cliff face unprotected and would eventually leave Happy Valley Road at risk of collapse into the sea, " it said.
BBC: Llandudno sea wall damage prompts Conwy council concern
For the past 12 weeks, the former C-level execs face a raft of charges revolving around the energy trader's December 2001 collapse.
If the coalition were to collapse under the weight of cuts, then they could face an election just as the deepest spending reductions bite.
The moves come as the world's largest retailers face pressure to increase their oversight of factory conditions in Bangladesh following a building collapse on April 24 that killed more than 1, 110 workers there.
Public anger over the collapse and reports of regulatory issues drew new attention to the difficulty large Western retailers face in making sure their suppliers operate under safe conditions.
WSJ: Bangladesh Factory Lacked Building Permits, Officials Say
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