Verso Gets $84 Million Sartell Payment

http://www.sctimes.com/article/20121113/BUSINESS/311130027/Verso-receives-84-million-insurance-settlement?odyssey=nav|head

Verso Paper Corp. on Tuesday announced it has received about $84 million in an insurance settlement from the Memorial Day explosion and fire that injured four people, killed an employee and led to a decision to close its Sartell mill.
The company received $40 million during the third quarter, for which results were reported Tuesday, and has subsequently settled for another $44 million and concluded the insurance process.
Meanwhile, the company also has paid out about $16.3 million in severance and benefits to some of the 260 displaced workers through the third quarter, with more yet to come.