The Transylvania Times -

Court OKs Lawsuit Deal

 


A U.S. District Court judge in Charlotte on Thursday approved the settlement agreement in the more than five-year-old lawsuit former Ecusta employees took out against Nathu Ram Puri, the last owner of the plant.

A $10,400,000 settlement agreement had been reached with Puri and other parties.

According to the settlement, of that amount, $1.75 million would be paid to covered employees on their priority wage and benefit claims; another $750,000 to pay covered employees on their general unsecured claims and another $500,000 to pay Union officials connected with the WARN Act laws

uit. The rest...



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