Brief: Limoneira Entered Confidential Settlement Agreement With Southern California Edison Company And Edison International

Limoneira

24/04/2023 23:18

April 24 (Reuters) - Edison International  EIX.N :
    * LIMONEIRA -  ON APRIL 18, ENTERED CONFIDENTIAL SETTLEMENT
AGREEMENT AND RELEASE WITH SOUTHERN CALIFORNIA EDISON COMPANY
AND EDISON INTERNATIONAL
    * LIMONEIRA CO -  SETTLEMENT AGREEMENT TO RESOLVE ANY AND
ALL
CLAIMS BETWEEN CO AND EDISON FOR DAMAGES RELATING TO THOMAS FIRE
AND KOENIGSTEIN FIRE
    * LIMONEIRA CO - UNDER TERMS OF SETTLEMENT AGREEMENT,
COMPANY WILL
RECEIVE A TOTAL SETTLEMENT OF $9 MILLION
    * LIMONEIRA CO - EXPECTS TO RECEIVE APPROXIMATELY 68% OF
TOTAL
SETTLEMENT AMOUNT, NET OF LEGAL AND RELATED COSTS

Source text : (https://bit.ly/3LoQJ2u)
Further company coverage:  EIX.N 

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