Weyerhaeuser Co.Weyerhaeuser Co., Federal Way, Washington Federal Way is a city in King County, Washington, United States. Federal Way is considered a bedroom community by some people and is located between Seattle and Tacoma. Its western boundary is Puget Sound. , USA, claim "unfair allegations" have been made against it in a lawsuit lawsuit: see procedure; tort. arising out of the bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most of Paragon Trade Brands Inc. Weyerhaeuser officials say they will vigorously contest the plaintiff's allegations. Weyerhaeuser's comments were made after a U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. for the Northern District of Georgia, Atlanta Division, granted Paragon's motion for a partial summary judgment holding that Weyerhaeuser is liable to the plaintiff for breaches of warranty. Time judge indicated that she intends to enter a written order within approximately 40 days. The company says it strongly disagrees with the court's decision and will pursue all available relief. In other Weyerhaeuser news: As of June 30, Willamette Industries was fully merged into Weyerhaeuser. For more detail on the above stories, go to www.tappi.org and look for "Industry News" on the home page. |
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