Friday, October 09, 2009
Marathon And Speedway Counterclaims Dismissed
Under Kentucky's anti-price-gouging statute, the office of Attorney General Jack Conway filed suit in May 2007, against Marathon and Speedway SuperAmerica alleging price gouging in wholesale and retail pricing of gasoline in the wake of Hurricanes Katrina and Rita. Three counterclaims were filed by the companies claiming the law was vauge and violated the separation of powers and due process clauses, but the counterclaims were dismissed earlier this week by a Franklin County Circuit Judge who upheld the constutionality of Kentucky's anti-price-gouging law. Conway is seeking $89 million in damages plus penalties.
# posted by Homer Owens @ 5:30 PM 
