Franklin Circuit Court (Kentucky) Judge William Graham ruled recently that the assessment of AIK Comp members will go forward as planned.
The ruling was in response to a motion filed on behalf of a group of AIK Comp members seeking immediate relief from the assessment. The motion was filed earlier last week by Greg Mitchell of Frost, Brown, Todd.
“This is excellent news for us and for the members of AIK Comp,” said Martin Koetters, rehabilitator of AIK Comp. “In order to protect the injured workers of Kentucky, it is vital that the assessment continue as scheduled. We are very pleased with the ruling.”
In addition, Judge Graham ordered that a hearing be scheduled for late December or early January so he can determine the validity of objections to the assessment and members can receive information on how the assessment amounts were calculated, as well as details of the rehabilitation plan.
As of Nov. 18, AIK Comp reported that $410,550.98 has been collected from 144 members. Twenty-one of those 144 members paid the initial installment and signed a promissory note for the remainder.
Was this article valuable?
Here are more articles you may enjoy.
Adani Enterprises Reaches $275 Million Settlement With Treasury
OpenAI Floats Idea of Global AI Governance Body With US, China
CommScope Sued by Lenders for at Least $150 Million Over Alleged Breach
For Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say