Avalon Holdings Corporation, trading under the symbol AWX on the NYSE American, has reported a significant legal development in a recent filing with the SEC. The company's wholly owned subsidiary, AWMS Water Solutions, LLC, has been involved in a legal dispute following the suspension order of its salt water injection well by the Ohio Department of Natural Resources. The case, which has seen several appeals, including to the Supreme Court of Ohio, has now reached a pivotal moment. On January 24, 2024, the Supreme Court of Ohio unanimously overturned the Court of Appeal's decision, which had previously denied the company's petition for writ of mandamus. The case has been remanded back to the lower court for a decision on...Show More

Avalon Holdings Corporation, trading under the symbol AWX on the NYSE American, has reported a significant legal development in a recent filing with the SEC. The company's wholly owned subsidiary, AWMS Water Solutions, LLC, has been involved in a legal dispute following the suspension order of its salt water injection well by the Ohio Department of Natural Resources. The case, which has seen several appeals, including to the Supreme Court of Ohio, has now reached a pivotal moment. On January 24, 2024, the Supreme Court of Ohio unanimously overturned the Court of Appeal's decision, which had previously denied the company's petition for writ of mandamus. The case has been remanded back to the lower court for a decision on the mandamus complaint. This latest ruling follows a series of legal proceedings that began with a summary judgment against the company in March 2019 and included a trial in September and October 2021. Avalon Holdings Corporation's CFO, Michael J. Havalo, signed the SEC filing on January 25, 2024, confirming the latest developments in the ongoing legal matter.