Brief: Gulf Island Resolves MPSV Litigation

Gulf Island Fabrication

05/10/2023 13:41

Oct 5 (Reuters) - Gulf Island Fabrication Inc  GIFI.O :
    * GULF ISLAND RESOLVES MPSV LITIGATION
    * GULF ISLAND WILL PAY ZURICH $20.0 MILLION, PLUS INTEREST
AT A
RATE OF 3.0% PER ANNUM
    * GULF ISLAND AND GIS ALSO AGREED TO RELEASE POSSESSION OF
MPSVS
TO ZURICH

Source text for Eikon:  ID:nGNX84H61q 
Further company coverage:  GIFI.O 

 ((Reuters.Briefs@thomsonreuters.com;))