Advertisement

HealthSouth’s Scrushy Wins Delay on Payment

Share
From Bloomberg News

HealthSouth Corp. founder Richard Scrushy won a delay from the Alabama Supreme Court, which ruled that he didn’t have to pay a $47.8-million judgment against him that was due next week, Scrushy said in a statement.

The high court’s ruling didn’t reverse a trial court decision last month to make Scrushy pay back bonuses that investors claimed he didn’t deserve. Instead, the court said the investors must show why the judgment was final and why Scrushy should have to pay before his appeal was heard on the merits of the legal argument, Scrushy said.

The lawyer for the plaintiffs, John Somerville, had no comment on the ruling.

Advertisement