Workflow
Trial canceled in Haslam family suit vs. Berkshire Hathaway over truck-stop company value

Berkshire Hathaway settled a billion-dollar lawsuit with the Haslam family over how Berkshire accounted for the value of Pilot Travel Centers, which would affect the price paid in a forced buyout of the family's remaining stake in that truck-stop giant, both sides said Sunday night. The settlement, whose terms were not disclosed, avoided a two-day trial to resolve the dispute that had been scheduled to begin Monday in Delaware Chancery Court. The trial would have been a rare one involving Berkshire Hathaway ...