Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Court Issues Final Order In Kentucky Liquor Law Constitutional Challenge

8/21/2012 6:55 PM ET

Liquor Stores N.A. Ltd (LIQ.TO: Quote) reported that the United States District Court, Western District of Kentucky issued its final order in a court challenge to the state statute which prohibits the sale of wine and distilled spirits within grocery stores and gas stations.

As noted in its interim order, the Court held in its final order that the Law violates the "equal protection" clause of the United States Constitution and the Commonwealth of Kentucky Constitution, the company said.

The company said that the court's final order contained a fifteen day stay in the matter which will allow the various litigants time to assess their options. The defendants in the matter, the Kentucky Public Protection Cabinet, the Kentucky Department of Alcoholic Beverage Control, and the Kentucky Department of Alcoholic Beverage Control have the option of appealing the order to the U.S. Court of Appeals. The right of appeal is also provided to the intervening defendant in this matter, a local liquor store operator.

Click here to receive FREE breaking news email alerts for Liquor Stores N.A. Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks have shown a lack of direction over the course of the trading day on Tuesday after failing to sustain an early upward move. The choppy trading extends the lackluster performance that was seen throughout the previous session. The major averages are currently posting modest gains but have pulled back off their highs for the session. While a recent series of scandals have caused headaches for the White House, the results of a Washington Post-ABC News poll released Tuesday suggest that the news has not had an impact on President Barack Obama's approval rating. The poll showed that 51 percent of Americans approve of the way Obama is handling his job as president compared to 44 percent that disapprove. U.K. consumer price inflation slowed more-than-expected to a seven-month low in April on falling petrol and air fares, official data revealed Tuesday. The slowdown provides relief for consumers as it raises purchasing power, while it gives more scope for the central bank to ease monetary policy.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.