Hermosa Beach settles potentially bankrupting lawsuit - Easy Reader

03/02/12


Easy Reader

Hermosa Beach settles potentially bankrupting lawsuit
Easy Reader
... in a 14-year-long, $700 million lawsuit by Macpherson Oil Company that had threatened to bankrupt the city. In a conference call with reporters, Mayor Howard Fishman said the settlement ends ”the crippling litigation” that has loomed over the city.

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