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Judge says he ll rule soon in Justice Companies disputed helicopter | State & Region

A federal judge says he will rule fairly quickly on the tangled question of who properly holds the financial value of a helicopter in possession of the network of businesses

Judge says he ll rule soon in Justice Companies disputed helicopter

Judge says he ll rule soon in Justice Companies disputed helicopter
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Justice helicopter case: Claims hearing scheduled for Jan 3 | Politics

The creditor, an Indiana-based bank, told a federal court last week the Justice company delivered it $9.3 million in promissory notes in December 2021 under an amended agreement restructuring a loan secured by the helicopter.The court had ordered seizure of the helicopter by federal marshals to enforce a roughly $13 million judgment against the coal company, Bluestone Resources Inc., but United States District Judge James Jones stayed his own order in October after Bluestone contended a seizure would harm other creditors.

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