Federal judge orders an explanation of where $500 million financing deal stands in Greenbrier battle

Justices face federal court order that could hasten Greenbrier takeover

Time may be running out for United States Sen. Jim Justice, R-W.Va., and his family to close a deal designed to stave off a takeover of their Greenbrier business empire. The judge who paused a federal court case to give the Justices a month and a half to close the deal aimed at avoiding a court-appointed receivership takeover of their Greenbrier-linked businesses is eyeing an expeditious end to that reprieve. U.S. District Court for the Southern…

Justices face federal court order that could hasten Greenbrier empire takeover

Time may be running out for United States Sen. Jim Justice, R-W.Va., and his family to close a deal designed to stave off a takeover of their Greenbrier business empire. The judge who paused a federal court case to give the Justices a month and a half to close the deal aimed at avoiding a court-appointed receivership takeover of their Greenbrier-linked businesses is eyeing an expeditious end to that reprieve. U.S. District Court for the Southern…

Federal judge orders an explanation of where $500 million financing deal stands in Greenbrier battle

Judge Frank Volk had indicated that any delay beyond July 16 would cause the court’s patience to grow thin.