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Thursday, December 24, 2009

Ind. Decisions - "John Hancock and Hoosier Energy Settle Litigation"

Updating this ILB entry from Sept. 17, 2009, a press release from John Hancock Life Insurance Company begins:

BOSTON, Dec. 23 /PRNewswire/ -- John Hancock Life Insurance Company and Hoosier Energy Rural Electric Cooperative today said they were pleased that the United States District Court, Southern District of Indiana, has approved a settlement of litigation involving a leaseback transaction between the parties. All parties to the litigation are covered by such settlement.

Terms of the settlement are confidential.

Posted by Marcia Oddi on December 24, 2009 10:22 AM
Posted to Ind. (7th Cir.) Decisions