litigation
confidence high
sentiment negative
materiality 0.55
Ohio appellate court denies Avalon subsidiary's writ of mandamus on saltwater injection well
AVALON HOLDINGS CORP
- On Dec. 19, 2022, 11th Appellate District Court denied AWMS Water Solutions' writ of mandamus to commence appropriation proceedings.
- The court ruled the company failed to establish a cognizable property interest for a takings analysis.
- Well suspension order by ODNR in 2019 led to litigation; Supreme Court of Ohio remanded in 2020.
- Avalon Holdings is reviewing the decision to determine next steps.