On June 1, 2023, Enviri Reached An Amicable Agreement With Stericycle To Resolve All Significant Disputes; Stericycle To Pay Enviri $6M

Author: Benzinga Newsdesk | June 07, 2023 07:28am

Pursuant to the Settlement, Stericycle will pay the Company $6 million for work performed under the healthcare services agreement in prior periods, and the parties have agreed to certain price increases going forward for services rendered by Clean Earth. The healthcare services dispute led to the Company filing a lawsuit in October 2022 in the Superior Court of Delaware, under the caption Clean Earth Environmental Solutions Inc. f/k/a Stericycle Environmental Solutions, Inc. v. Stericycle, Inc., C.A. No. N22C-10-656 MMJ CCLD. Pursuant to the Settlement, the parties have agreed to dismiss the lawsuit.

Posted In: HSC SRCL