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Thursday, November 17, 2005 10:30:58 AM
Re: Expect a correction from - Bull
by: hlshbull 11/17/05 10:27 am
Msg: 313335 of 313335
Reuters reported the story as "HLSH found liable for $376 million" when the court found no such thing. The only thing Judge Vance ruled, both on Sept. 15 (summary judgment) and November 15 (final judgment), was in connection with Meadowbrook's liability IN THE EVENT HLSH is ever found liable in the litigation brought by General Medicine. The case in question, CV 05-3042 does not even involve General Medicine as far as I know. It was a case brought by Meadowbrook against HLSH seeking a declaratory judgment that it was not liable. That is the only thing that has been decided thus far.
THERE IS NO OUTSTANDING JUDGMENT OF $376 MILLION AGAINST HLSH.
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