During a court hearing yesterday, Lancaster-based Blackford ATM Ventures consented to a petition forcing it into Chapter 7 bankruptcy liquidation.The next step is to appoint a bankruptcy
Pennsylvania’s top court has upheld an employee’s right to sue an employer over a workplace illness even if it’s diagnosed after a time limit for filing a claim under worker’s comp laws.The ruling stems from a civil lawsuit filed by the estate of a retired engineer who died from mesothelioma traced to his workplace exposure […]
State attorneys general, including Pennsylvania’s newly installed Dave Sunday, are taking another crack at settling opioid-related claims against bankrupt drugmaker Purdue Pharma and the Sackler family that owns it.In an announcement yesterday, Sunday and other attorneys general said they reached a $7.4 billion settlement in principle with the company and the family.The deal does not shield the […]
Investors hoping to recover money from Lancaster-based ATM operator Paramount Management Group are facing a new hurdle.In a legal filing this month, a Berks County bank claims it has a stake in some of Paramount’s ATMs, as well as any revenue they may be generating.Customers Bank is asking a Lancaster County judge to stay an earlier court agreement […]
A court order on Friday gave some relief to investors in Paramount Management Group, a financially strapped ATM operator based in Lancaster.But the order did not give the investors everything they wanted.Notably, it stopped short of ordering Paramount to hire a forensic auditor to help recover funds for the investors, who argue they are owed tens […]
Commonwealth Court has tossed out state rules requiring licensing of companies manufacturing e-cigarettes and the liquids used in them.The court found that the rules gave the Pennsylvania Department of Revenue too much discretion in deciding how they would be enforced.The decision came Friday in the context of a lawsuit filed by East Coast Vapor, a Harrisburg-based […]
Is it fraud or a failing business?That was one of the questions hanging over a court hearing held yesterday morning to consider contempt charges against Paramount Management Group, a Lancaster-based ATM network being sued by its investors.The investors want Paramount held in contempt for its alleged failure to abide by a court order issued earlier this month.Under […]
For three years in a row, former Gov. Tom Wolf and state lawmakers tried to get their hands on surplus money held by Pennsylvania’s medical malpractice insurer of last resort.The insurer fought back, arguing that, as a private entity, its multimillion-dollar surplus should remain beyond the reach of public officials.Wolf and state legislators countered that […]
Claims against a Lancaster-based ATM network took on new forms during a roughly one-hour hearing held Friday afternoon in a Lancaster County courtroom. An attorney representing disgruntled investors in the network raised concerns about money flows involving the network’s operator, Paramount Management Group, and questioned whether the operator had inflated the number of ATMs it owned.The attorney, […]
Is a company still liable for a subsidiary’s legal problems even after the subsidiary is legally dissolved?That’s an issue being taken up by the Pennsylvania Supreme Court in the context of asbestos class-action lawsuits filed against Dravo, a former shipbuilder and manufacturer based in Pittsburgh.The question is whether Dravo’s asbestos liabilities should pass to Carmeuse Lime Inc. The Belgian […]
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