Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

Kanawha County judge ordered coal company owned by Gov. Justice's family must pay settlement - Report

Coal News - Published on Mon, 15 Oct 2018

Image Source: wvnews.com
WV News reported that a Kanawha County judge ordered a company owned by Gov. Jim Justice's family to start making payments on a settlement. Justice Low Seam Mining Inc., will have to pay Virginia Drill Co. USD 478,000 within 10 days, according to the Charleston Gazette-Mail. A complaint filed in August 2017 stated that the company owed Virginia Drill Co. USD 1.3 million for goods and services.

A settlement was reached in September 2017, but Virginia Drill Co. saw no money and filed to have the settlement enforced. Justice Low Seam Mining was to pay the USD 1.3 million total in 12 installments on a monthly basis, with five percent interest. This was a monthly payment of USD 119,000.

The company failed to make any of the monthly payments, which led to the legal action on Wednesday. The order to pay USD 478,000 in 10 days was due to payments that had already been missed.

Source :

Posted By : Rabi Wangkhem on Mon, 15 Oct 2018
Related News from Coal segment