Lawsuit Update on Dec16 2008

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-Steven Gurian

There has been action regarding the US Sugar matter. 1) The Judge denied the motion for preliminary injunction; 2) the Defendants filed a motion to dismiss; 3) Plaintiff’s filed a consolidated response to the motion to dismiss and 4) the trial date has been rescheduled to June 22, 2009 and 5) The South Florida Water Management District has proposed a deal to purchase US Sugar, the proposed date of the “Deal” is sometime in April of 2009.

The Lawrence offer would be better for the shareholder employees as well as the State’s deal financially and otherwise, according to the firm.

Here are the supporting documents.

order_denying_plaintiffs_motion_for_preliminary_injunction

plaintiffs_response_to_defendants_motion_to_dismiss

omnibus_order_on_continuance_of_trial

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