Pacific Lumber Tries To Block Fraud Suit

Law360, New York (June 26, 2007, 12:00 AM EDT) -- Bankrupt timber company Pacific Lumber Co. tried on Monday to block a qui tam suit that accused the company of defrauding the state of California for over $300 million in an agreement meant to protect the environment.

Pacific Timber filed a complaint against the plaintiffs in the qui tam suit asking for an injunction preventing them from taking action against Pacific Timber and its parent company Maxxam, Inc. The complaint is essentially identical to a motion to extend automatic stay the company filed on June 5....
To view the full article, register now.