IMPERIAL SUGAR: Facing Suits Related to Port Wentworth Explosion

Imperial Sugar Company is party to a number of claims, including 30 lawsuits by employees and six lawsuits by third parties or their families, for injuries and losses suffered as a result of the Port Wentworth, Ga. refinery explosion and…

IMPERIAL SUGAR: Delaney Derivative Case Filed on Jan. 16 in Tex.

Imperial Sugar Company says that, on Jan. 16, 2009, a shareholder derivative action styled Delaney v. Sheptor, et al. (Cause No. 2009-03145) was filed in the District Court of Harris County, Tex.

The suit was filed against 12 current and former…

IMPERIAL SUGAR: In Discussions w/ SITF Over Proposed Assessment

Imperial Sugar Company is in discussions with the state of Georgia’s Subsequent Injury Trust Fund (SITF) over a proposed US$6.4 million assessment.

In January 2009, the Company’s workers compensation liability insurance carrier notified the Company that it anticipates receiving a loss…

IMPERIAL SUGAR: McNeil Nutritional Lawsuit Settled on Nov. 2008

Imperial Sugar Company, along with other sugar industry participants, was party to a pending lawsuit with McNeil Nutritional, which was settled in November 2008.

The Company received US$16.1 million in connection with the settlement and has reported a gain on litigation…

IMPERIAL SUGAR: Probe on Mismanagement of Feb. 2008 Fire Ongoing

A probe is ongoing over the alleged mismanagement and breaches of fiduciary duty by Imperial Sugar Company’s officers, directors and employees over the Feb. 7, 2008 explosion at its Port Wentworth, Ga., refinery.

On July 31, 2008, the Board of Directors…

IMPERIAL SUGAR: Former Officer’s Complaint Settled on Jan. 15

Imperial Sugar Company says that, on Jan. 15, 2009, one of its officers settled and released all labor-related claims against the Company over the Port Wentworth, Ga. refinery explosion.

On Sept. 26, 2008, a Company officer filed a complaint with the…

IMPERIAL SUGAR: Disputes OSHA Citations, Penalties on Refineries

Imperial Sugar Company is contesting the U.S. Occupational Safety Health Administration’s (OSHA) citations and penalties over investigations on the Company’s Port Wentworth, Ga., and Gramercy, La., refineries.

OSHA and the U.S. Chemical Safety and Hazard Investigation Board (CSB) initiated investigations related…