Sunday, May 22, 2005

CORRECTING and REPLACING Proposed Class Action Settlement Reached Arising from Norfolk Southern Train Disaster in Graniteville, S.C.

CORRECTING and REPLACING Proposed Class Action Settlement Reached Arising from Norfolk Southern Train Disaster in Graniteville, S.C.: "The corrected release reads:

PROPOSED CLASS ACTION SETTLEMENT REACHED ARISING FROM NORFOLK SOUTHERN TRAIN DISASTER IN GRANITEVILLE, S.C.

Proposed Settlement Provides Relief for Persons with Claims Related to Property Damage, Evacuation and Minor Personal Injuries from January 2005 Chlorine Spill

Motley Rice LLC today announced that it has participated in the negotiation of an agreement in principal by way of a Class Action Settlement with Norfolk Southern for the real property and personal property claims for the citizens of Graniteville, South Carolina, as well as compensation for the evacuation and minor injuries resulting from the January 6, 2005 derailment in Graniteville.

'We are pleased to be able to participate in bringing some prompt economic relief to this community. We are pleased to see the railroad coming forward and working in good faith with us to provide the unfortunate victims of this derailment with a basis for economic recovery without delay and without the necessity of long drawn out litigation,' Joe Rice, the Motley Rice Member who led the negotiations stated. 'From the beginning it has been our goal with this Class Action to ensure that anyone affected by the derailment and the chlorine spill get the help they needed and get it quickly. We are pleased that this settlement has been reached.'" (Full article at link)

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