Status hearing for Able Industries next Friday - KUAM.com-KUAM News: On Air. Online. On Demand.

Status hearing for Able Industries next Friday

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by Mindy Aguon

Guam - Able Industries has lost another contract resulting in the loss of jobs for one hundred individuals with disabilities. The food services contract for Magellan was taken away from the company.  The disclosure was made during a status hearing held this morning. 

As we reported a former trustee, Eddie Yokeno, has asked the court to order that a receiver run the organization that claims to be the largest employer of individuals with disabilities on the island. Yokeno has requested financial documents to determine the viability of the organization as it has lost several contracts and has had payless paydays in recent months. 

Judge Vern Perez may conduct a hearing on the motion for receivership at a later time, but Able Industries contends one isn't necessary as they continue to operate and perform on contracts it currently has.

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