Happy Ending? ULS Awarded $24.3M from PVR for Unpaid Invoices

In March MDN brought you the story that Utility Line Services Inc. (ULS), a construction company that works for utility companies–like digging trenches and laying pipeline–sued PVR Marcellus Gas Gathering in a Delaware County, PA court (see ULS Says PVR Marcellus Bankrupted Their Company by Not Paying). ULS says PVR owes them more than $17.7 million in unpaid invoices and another $7.8 million in lost profits–and that the unpaid invoices caused the company to declare bankruptcy, closing their doors. A sad story.

Good news (?) for ULS. In what is believed to be the biggest jury award of its kind in PA, the court ruled in favor of ULS and awarded them $24.3 million to be paid by PVR. The problem remains that ULS had to go out of business and 600 jobs were lost and they had to liquidate their equipment. So although this is good news, it’s small consolation after the company had to declare bankruptcy…

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