Court of Appeals Rejects Lichtengberg Effort to Revive Strike Suit Against Besicorp.

KINGSTON, NY--(BUSINESS WIRE)--Dec. 1, 1999--

BESICORP LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . announced today that the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State Court of Appeals, by declining an appeal filed by plaintiff, James Lichtenberg, affirmed dismissal of the case Lichtenberg v. Michael F. Zinn, et. al. The case was originally filed in Ulster County Supreme Court in 1993 and was dismissed by Judge Vincent Bradley. That dismissal was unanimously affirmed by the five-member Appellate Division In several jurisdictions, the Appellate Division is the name of a court, or division of a court, that hears appeals from lower courts.

For the Appellate Division of the New York State Supreme Court, see New York Supreme Court, Appellate Division.

of the Supreme Court.

The Lichtenberg strike-suit made broad allegations against Besicorp directors and management, which allegations have been dismissed as a result of this decision.

Michael F. Zinn, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman of the Board stated, "This strike-suit was perpetuated as one part of an organized conspiracy to undermine, infiltrate and ultimately liquidate Besicorp. Besicorp Ltd. recently filed a racketeering Traditionally, obtaining or extorting money illegally or carrying on illegal business activities, usually by Organized Crime . A pattern of illegal activity carried out as part of an enterprise that is owned or controlled by those who are engaged in the illegal activity. lawsuit against Lichtenberg and other alleged co-conspirators. Needless to say, we are pleased that this baseless lawsuit is finally over."

Besicorp Ltd. specializes in the development of environmentally sound independent power projects and renewable technologies.

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Publication:	Business Wire
Date:	Dec 1, 1999
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