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: South Carolina Lawyer BlogAvondale Seeks $420 Million from Norfolk Southern Railroad
By Louthian Law Firm
When a Norfolk Southern train wreck caused a toxic chlorine spill in the mill town of Graniteville, the Avondale textile company?s flagship canvas plant had to be closed for eight days for safety reasons. The company closed its doors for good in May 2006 after experts determined it would have cost more than the business was worth to clean the buildings and replace the machinery.
Now the textile company wants the railroad to pay $420 million in damages.
Attorneys for Norfolk Southern said Avondale had already seen the writing on the wall in the failing American textile industry when the crash occurred. The attorneys acknowledge that the railroad is to blame for the crash, but a payout of $110 million is more in line with the value of Avondale Mills.
Full post as published by South Carolina Lawyer Blog on March 31, 2008 (boomark / email).
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