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Msg  468 of 480  at  5/24/2022 1:09:08 PM  by

jrad51


Litigation

 Is anyone concerned about the outcome of the Veolia Water Technologies litigation?  I think a decision (at the trial level) is expected this quarter.  AM is asking for something in the range of $ 370 million and $ 430 million because the water treatment facility built by Veolia never worked properly.  In return, Veolia is asking for $ 118 million for AM's (and AR's) failure to pay for the facility.
 
The evidence part of the trial ended in late February.  I haven't heard anything about the status of the litigation. 


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469 Re: Litigation moneyonomics 2 5/24/2022 2:23:54 PM




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