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Antero Midstream subsidiary awarded $242M in damages in Veolia Water suit
The Fly

Antero Midstream subsidiary awarded $242M in damages in Veolia Water suit

In a regulatory filing, the company states: "As previously disclosed, a subsidiary of Antero Midstream (AM) was involved in a lawsuit with Veolia Water Technologies (VEOEY) in the district court of Denver County, Colorado relating to Antero’s Clearwater Treatment Facility. On January 3, 2023, the Court found that Antero Midstream’s subsidiary had prevailed on its claims for breach of contract and fraud, and awarded approximately $242 million in damages to Antero, plus pre- and post-judgment interest and reasonable costs and attorneys’ fees. The Court also found in Antero’s favor on all of Veolia’s affirmative claims. The Court has yet to enter judgment on its findings, but any such judgment will be subject to appeal."

Published first on TheFly

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