International Business News - Wheeling http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Severstal North America says it's happy to have closure on a long-running dispute between its Wheeling plant and a Massey Energy subsidiary. This week, the U.S. Supreme Court refused to hear an appeal of the case, which involved a $100 million punitive damages award against Massey. http://www.ibtimes.com/articles/20081204/severstal-says-case-against-massey-is-validated.htm Thu, 04 Dec 2008 12:03:31 EST Wheeling-Pittsburgh Steel's new owner has made good on an old $6.5 million debt to the state of West Virginia. West Virginia Economic Development Authority executive director David Warner said Monday that Russia's OAO Severstal paid the state $7.1 million in principal and interest earlier this month. http://www.ibtimes.com/articles/20080908/new-owner-pays-w-va-6-5m-for-wheeling-pitt-debt.htm Mon, 08 Sep 2008 15:12:54 EDT Coal mine operator Massey Energy may use a big chunk of the $850 million it plans to raise in stock and debt offerings to pay legal costs. In documents filed Wednesday with the Securities and Exchange Commission, Massey lists paying a $220 million judgment awarded to Wheeling Pittsburgh Steel in July 2007 as one potential use for the money. Barring a successful appeal, Massey says it owes about $217 million after figuring in a $50 million appeal bond and $47 million in interest. http://www.ibtimes.com/articles/20080806/massey-says-new-capital-may-pay-for-lawsuit.htm Wed, 06 Aug 2008 10:21:23 EDT Work could resume on the Wheeling Tunnel soon and highways officials are still confident they'll meet the Nov. 1 deadline for the project's completion. http://www.ibtimes.com/articles/20080716/work-on-w-va-highway-tunnel-to-resume-soon.htm Wed, 16 Jul 2008 15:09:32 EDT Coal mine operator Massey Energy Co. has won a stay of a $260 million jury verdict pending an appeal to the U.S. Supreme Court. The state Supreme Court voted 3-2 to grant Richmond, Va.-based Massey's request Wednesday. Justices Robin Davis and Brent Benjamin voted no. http://www.ibtimes.com/articles/20080626/massey-wins-stay-of-260m-wheeling-pitt-verdict.htm Thu, 26 Jun 2008 17:03:07 EDT The West Virginia Supreme Court has rejected coal giant Massey Energy Co.'s challenge to a $260 million judgment and the decision in the politically charged case may hurt profits, the company said Friday. http://www.ibtimes.com/articles/20080523/wv-court-rejects-massey-appeal-of-240m-verdict.htm Fri, 23 May 2008 12:51:15 EDT An Esmark Inc. subsidiary has settled a lawsuit filed by a family owned scrap business that claimed the company illegally interfered with a supply contract with Wheeling-Pittsburgh Corp. http://www.ibtimes.com/articles/20080509/esmark-herman-strauss-settle-contract-dispute.htm Fri, 09 May 2008 18:54:20 EDT