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In the opinion of management, currently outstanding claims and suits will not, individually or in the aggregate, have a material adverse effect on our financial position, results of operations or cash flows.
−Removed: There have been no material changes to the legal proceedings previously disclosed in our 2020 Form 10-K and Form 10-Q for the quarter ended March 31, 2021 other than as follows:
−Removed: In July 2021, (i) Region 3 of the U.S.
+Added: There have been no material changes to the legal proceedings previously disclosed in our 2020 Form 10-K and reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021 other than as follows:
+Added: With respect to certain matters previously disclosed in our reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021, in July 2021, (i) Region 3 of the U.S.
Environmental Protection Agency ("EPA") initiated enforcement actions against eight of the Company's facilities by delivery of a Notice of Potential Violations and (ii) Region 4 of the EPA initiated enforcement actions against four of the Company's facilities by delivery of a Notice of Violation.
−Removed: The EPA has not communicated any potential penalty amounts that it may seek with respect to these facilities.
+Added: On September 22, 2021, the Company and Region 3 finalized the Administrative Order on Consent concerning the matters alleged in the Notice of Potential Violations.
+Added: On October 8, 2021, Region 3 published notice that it proposes to enter into a Consent Agreement and Final Order with the Company, which proposes an aggregate penalty in the amount of $130,000 for alleged violations of the Clean Water Act.
+Added: On October 18, 2021, the Company received draft Administrative Orders on Consent from Region 4 concerning the four facilities cited in the Notice of Violation received in July.
+Added: Region 4 has not yet provided potential penalty amounts.
We do not expect that any proposed penalty will have a material effect on our financial position, results of operations or cash flows.
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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.