Wednesday, April 12, 2006

Infinity Property and Casualty Corporation Comments on Recent Georgia Jury Verdict (Settlement funding)


Infinity Property and Casualty Corporation Comments on Recent Georgia Jury Verdict
BIRMINGHAM, Ala., April 11 -- Infinity Property and Casualty Corporation announced today that as a result of a settlement agreement and the benefit of reinsurance, the impact to Infinity's first quarter 2006 earnings from the recent jury verdict against its subsidiary, Atlanta Casualty Company, will be less than $600,000 or $0.02 per diluted share.
Source: www.theautochannel.com

Lawsuit settlement clears road project
Alabama Department of Transportation officials said they will start building a new U.S. 98 corridor west of Semmes, after an announcement Tuesday that they had settled the last of two lawsuits filed over the roadway's path.
Source: www.al.com

Legislative option to Ayodhya issue 'not feasible': Advani
Under attack from the VHP for his appeal to Muslims for a negotiated settlement to the vexed Ayodhya issue, senior BJP leader L K Advani today said the party abandoned the legislative option due to opposition from NDA allies and it was "not feasible".
Source: www.outlookindia.com

Global Payments Gets ACH Direct Contract
Global Payments Inc., provider of point-of-sale credit card, debit card and check authorization services for businesses, on Tuesday said it will provide ACH Direct Inc., an independent sales organization offering payment processing, with front-end credit card authorization services and back-end settlement for MasterCard and Visa.
Source: biz.yahoo.com

Unraveling a knotty legal settlement
With all its twists and turns, the $36.5 million legal settlement between Santa Clara County and the city of San Jose can bewilder even those who have followed it. It reflects the backfiring of an aggressive legal posture by the city -- and an urge to settle in an election year. Here are some key questions and answers about the dispute:
Source: www.sunherald.com

Firm to receive $480G from settlement with Hazle
Hazle Township supervisors released details of a federal lawsuit settlement with Lonzetta Trucking. The supervisors approved a total settlement of $480,000 to Lonzetta Trucking and D&L Realty for fees, costs and payment to creditors.
Source: www.standardspeaker.com

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