Massey Cleared Of $76.3M Verdict, Again

Law360, New York (April 4, 2008, 12:00 AM EDT) -- Accusations of judicial impropriety have not stopped the West Virginia Supreme Court from nullifying, for the second time, a verdict that would have required Massey Energy Co. to fork over $76.3 million in a contractual dispute.

The Supreme Court voted 3-2 on Thursday to overturn the award of $50 million plus interest, upholding the decision it rendered in November before the judicial controversy exploded.

"As we said previously, we have always believed that the verdict in the lower court was wrong and we are pleased that...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.