By Katie Buehler (Nov. 9, 2021, 4:51 p.m. EST) – A Texas-based hemp processing company dropped a $ 1.3 million lawsuit against its insurer less than two weeks after the first lawsuit was filed in Texas federal court and claims that the insurer must cover the cost of replacing a dryer that caught fire and failed.
Halcyon Thruput LLC has dropped its breach of contract and Texas Insurance Code claims against Pennsylvania insurer United National Insurance Co., according to a unilateral notice filed in the Northern District of Texas on Tuesday.
The company did not explain the reason for the dismissal in the court records, and Halcyon’s attorney and a representative for …
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