RI SC RULING EXPECTED 6/1 or 6/2 – Informed sources indicate
Informed sources reported to me today that a ruling is expected from the Rhode Island Supreme Court on the the lead paint public nuisance appeal this coming Tuesday or Wednesday.
Those sources are anticipating a decision favorable to the three defendants Sherwin-Williams (SHW), NL Indusries (NL) and Millennium Holdings. How favorable is the issue. There could be a third trial rather than the whole enchilada being tossed.
We lead paint watchers are also very interested in the opinion of the RI SC on contingency, particularly in relation to the issue of separation of powers.
Disclosure (“none” means no position):Long SHW, none
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