Sunvault Energy and Aboriginal Power Corp. Lawsuit vs. Catalyst Paper Dropped
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Catalyst Paper (Richmond, B.C., Canada) annonced the company was pleased to inform the public that Sunvault Energy Inc. and Aboriginal Power Corp. have discontinued the lawsuit previously commenced against Catalyst. The commencement of the lawsuit was previously announced and described in the company’s news release of Jan. 25, 2016.
This discontinuance filed by Sunvault Energy Inc. and Aboriginal Power Corp. brings this litigation to an end. Another party to the lawsuit, the Halalt First Nation, had previously filed a discontinuance, which was previously announced and described in the company’s news release of Sept. 6, 2016.
The discontinuances filed by the plaintiffs in this lawsuit, according to Catalyst's release on this matter, does not preclude them from re-instituting litigation against Catalyst in the future for the claims made in the actions described in this release, provided that any new filing are made within the prescribed limitation period.
"We are pleased that this litigation against Catalyst is now at an end," said Joe Nemeth, president & CEO.
