Staff Writer
The Associated Press
CHARLESTON — The West Virginia Supreme Court has rejected requests by a bankrupt coal company and its president to reconsider a decision stripping them of a $50 million jury verdict against Massey Energy.
Virginia-based Massey says the court also allowed it to withdraw a $72 million bond it posted while the case was being weighed.
Massey general counsel Shane Harvey says the company is pleased the case has been finished.
Lawyers for the plaintiffs didn’t immediately return phone messages Thursday.
The long-running case centered on allegations that Massey put Harman Mining out of business by hijacking a supply contract. The state Supreme Court first overturned the verdict in 2007, but since revisited the case twice. The U.S. Supreme Court had ordered the latest review.
