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BANKRUPTCY Hawaiian Air must pay IRS $23.2 million Honolulu (AP)-Hawaiian Airlines must pay the Internal Revenue Service (IRS) $23.2 million to cover back fuel excise taxes and interest, a federal bankruptcy judge has ruled. But Hawaiian probably won’t have to pay a $40.5 million penalty sought by the government. The IRS filed a $128.9 million claim against Hawaiian last June. The ruling follows a December settlement between Hawaiian and the IRS that resolved about half of the claim. Honolulu-based Hawaiian Airlines filed for Chapter 11 bankruptcy protection in March 2003. DUI $60M for family of girl paralyzed by football fan Hackensack, N.J. (AP)-A jury awarded $60 million to the family of a 7-year-old girl who was paralyzed when a drunken football fan on his way home from a New York Giants game crashed into the family’s car. Antonia Verni of Cliffside Park, N.J., was 2 years old when the crash happened in 1999. Her family was heading home from a pumpkin-picking trip. The family sued Aramark Corp., the Giants Stadium concessionaire that sold beers to Daniel Lanzaro, saying that the company was partly responsible for the crash. The damages will be split evenly between Aramark and Lanzaro. PUNITIVE DAMAGES New trial bumps $1.3M tort award to $30M Philadelphia-A federal jury awarded $30 million in punitive damages in the retrial of a case where the first jury had awarded just $1.3 million. Plaintiff CGB, an occupational therapy firm, claimed that Sunrise Assisted Living Inc., a nursing-home management company, had tortiously interfered with its contracts by inducing two Philadelphia-area nursing homes to terminate CGB and then hire away five of its therapists. In 2002, a jury sided with CGB. On appeal, the 3d Circuit ruled that while one of CGB’s claims was valid, the other was flawed. Thus the punitive damages verdict could not stand because the jury did not allocate as between the two claims. The $30 million punitives award constitutes Sunrise’s profits for a six-month period since it took that long for CGB’s business to recover. - ALM SCHOOLS AND EDUCATION $41M for Alabama schools in settlement Montgomery, Ala. (AP)-Alabama schools will receive up to $41 million this month from a lawsuit settlement involving school land deals dating back two centuries, a payment nearly $16 million bigger than initially promised. The agreement resolves a 2002 lawsuit filed by the Covington County school board to prevent the state from using the money, which accumulated over the years through sales, leases, timber-cutting and mineral income on land designated for local schools. The Covington County school board had filed a class action against then-Governor Don Siegelman and other state officials, claiming that the money didn’t belong to the state and couldn’t be used to ease state school budget cuts. STOCK TRANSACTIONS Waksals to pay $5M to resolve SEC charges Washington (AP)-Sam Waksal, the imprisoned ImClone Systems Inc. founder at the center of an insider-trading scandal that ensnared Martha Stewart, and his father have agreed to pay a total of about $5 million to resolve civil charges in the case. Sam Waksal pleaded guilty in late 2002 to securities fraud for tipping his daughter, Aliza, to dump ImClone stock just before the Food and Drug Administration publicly announced that it was refusing to accept the company’s application to market the colon cancer drug Erbitux. He is currently serving a seven-year, three-month sentence. In a partial settlement of related civil charges brought by the Securities and Exchange Commission, Sam Waksal agreed in March 2003 to an $800,000 fine and a lifetime ban on heading any publicly traded company. The SEC filed insider-trading charges against Jack Waksal in October 2003, accusing the father of having sold more than $8 million of stock based on a tip from his son. WORKERS’ COMPENSATION State-employee victims reach Attica settlement Albany, N.Y. (AP)-New York Governor George Pataki announced in his executive budget proposal to the state Legislature that he’s reached a $12 million settlement with the Forgotten Victims of Attica, a group representing the state employees wounded or killed during the 1971 Attica state prison riot and their survivors. The Attica prison riot claimed the lives of 32 inmates and 11 hostages when police and other authorities moved in to reclaim the prison near Buffalo, N.Y. The agreement calls for a $2 million payment up-front to the Forgotten Victims of Attica and $10 million more over the next five years to the state employees or their survivors involved in the riot. The survivors of state employees killed said that they were misled into accepting workers’ compensation benefits in the wake of the riot, thinking that was the only compensation they could expect.

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