ConAgra Wins Reversal Of $180M Grain Bin Blast Verdict

98) Options BFW Sep 09 2014 15:50:52
101) BFW 15:50 Conagra Wins Reversal of $180 Million Grain Bin Blast Verdict
102) BN 15:48 *CONAGRA WINS REVERSAL OF $180 MILLION GRAIN BIN BLAST VERDICT
Conagra Wins Reversal of $180 Million Grain Bin Blast Verdict 91) ☆
$177 million jury verdict rendered after a trial in federal
court on its liability for a 2010 grain bin explosion in
Chester, Illinois.

• U.S. appeals court in Chicago exonerated company, ruling it hired outside contractor to address problem of “hot” storage bin before it exploded.
• Blast injured three workers, none fatally.
• Co-defendant contractor West Side Salvage Inc. was on site when blast occurred.
• 2012 trial evidence showed West Side knew bin was “hot,” court said.
• Jury found West Side agreed to indemnify ConAgra, even without return of signed contract. Appeals court affirms finding.