LEGAL PROCEEDINGS
−Removed: Patrick is subject to claims and lawsuits in the ordinary course of business.
+Added: We are subject to claims and lawsuits in the ordinary course of business.
In management's opinion, currently pending legal proceedings and claims against the Company will not, individually or in the aggregate, have a material adverse effect on its financial condition, results of operations, or cash flows.
−Removed: In August 2019, a group of companies calling itself the Lusher Site Remediation Group (the “Group”) commenced litigation against the Company in Lusher Site Remediation Group v.
−Removed: Sturgis Iron & Metal Co., Inc., et al., Case Number 3:18-cv-00506, pending in the U.S.
−Removed: District Court for the Northern District of Indiana.
−Removed: The Group’s Second Amended Complaint, which is the first to assert claims against Patrick, asserts claims under the federal Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”), 42 U.S.C.
−Removed: § 7601 et seq., an Indiana state environmental statute and Indiana common law.
−Removed: One of the other defendants in the case, Sturgis Iron & Metal Co., Inc.
−Removed: (“Sturgis”) subsequently filed two cross claims against Patrick, one for contribution under CERCLA and one for contractual indemnity.
−Removed: The Company has moved to dismiss the Second Amended Complaint and the Sturgis cross claims, and those motions remain pending.
−Removed: The Company does not currently believe that this matter is likely to have a material adverse impact on its financial condition, results of operations, or cash flows.
−Removed: However, any litigation is inherently uncertain, and any judgment or injunctive relief entered against us or any adverse settlement could materially and adversely impact our business, results of operations, financial condition, and prospects.
+Added: See Note 16 of the Notes to Consolidated Financial Statements for further discussion of legal matters in relation to commitments and contingencies.
MINE SAFETY DISCLOSURES
1 unchanged sentence
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.