23 May 2008

Supreme Court Lets Stand $240 Million Judgment vs. Massey

The state Supreme Court has unanimously refused Massey Energy Co.'s petition seeking to appeal a $240 million judgment won against it by Wheeling-Pittsburgh Steel Corp. in a contract dispute, The Associated Press reports.

"Richmond, Va.-based Massey said Friday it plans to continue challenging the verdict won by Wheeling-Pittsburgh Steel in a contract dispute," the AP article said. Massey's statement is here.

"Retired Circuit Court Judge Frank Jolliffe participated in place of Chief Justice Elliott "Spike" Maynard, who disqualified himself after photos surfaced showing him vacationing with Massey chief Don Blankenship," writes AP Business Writer Tim Huber.

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