2 unchanged sentences
The lawsuit is related to a dispute over work performed on a pipeline construction project.
−Removed: On November 9, 2021, the Company was awarded $5.8 million, none of which has been recognized in the Company’s financial statements.
−Removed: The Defendant has filed motions to request a new trial or a renewed judgement as a matter of law, which has not been ruled upon.
−Removed: The Company anticipates that a final judgement order will be issued in the first calendar quarter of 2022.
−Removed: A party to a civil lawsuit usually has 30 days from the entry of judgment to file a notice of appeal.
+Added: On November 21, 2022, a Judgment Order was issued, and the Company was awarded $13.1 million, of which $5.8 million was the jury award, $1.6 million was for attorney’s fees, and $5.7 million was for penalties and interest.
+Added: The amounts awarded by the Judgment Order have not been recognized in the Company’s consolidated financial statements as of September 30, 2022.
+Added: The Company’s attorney’s fees have been expensed as incurred.
+Added: On December 16, 2022, the Defendant filed a notice of appeal with the court.
+Added: On November 12, 2021, the Company received a withdrawal liability claim from a pension plan to which the Company made pension contributions for union construction employees performing covered work in a particular jurisdiction.
+Added: The Company has not performed covered work in their jurisdiction since 2011;
+Added: however, the Company disagrees with the withdrawal claim and believes it is covered by an exemption under federal law.
+Added: The demand called for thirty-four quarterly installment payments of $41,000 starting December 15, 2021.
+Added: The Company must comply with the demand under federal pension law;
+Added: however, the Company firmly believes no withdrawal liability exists.
+Added: The Company is in negotiations with the pension fund to resolve the matter and all future payments have been suspended as part of the negotiation.
+Added: The Company has expensed all $164,000 in payments made through September 30, 2022 and does not expect any future liabilities related to this claim.
Other than described above, at September 30, 2022, the Company was not involved in any legal proceedings other than in the ordinary course of business.
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.