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Weyerhaeuser Response to Ninth Circuit Court of Appeals Decision
PRNewswire
FEDERAL WAY, Wash.
May 31, 2005
Weyerhaeuser Company (NYSE: WY) today issued the following statement in response to the United States Court of Appeals for the Ninth Circuit decision in the Ross-Simmons Hardwood Lumber Co. case.
"We are very disappointed with the opinion of the Ninth Circuit appellate panel. It remains our position that our conduct has been lawful and fully consistent with the standards set by the United States Supreme Court. We believe that this panel of the Ninth Circuit failed to follow appropriate Supreme Court precedent, so we will seek further review."
The Ross-Simmons case is one of a series of lawsuits relating to Weyerhaeuser's Northwest Hardwoods business awaiting trial or on appeal.
Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2004, sales were $22.7 billion. It has offices or operations in 19 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .
For more information contact: Frank Mendizabal 253-924-3357 (Logo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b )Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
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SOURCE: Weyerhaeuser Company
CONTACT: Frank Mendizabal of Weyerhaeuser Company, +1-253-924-3357
Web site: http://www.weyerhaeuser.com/