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Stephen G. Anderson

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North American Fibers , Inc. (Past)
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1-2 of 2 online sources for Stephen Anderson

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    Elizabethton Star - Online Edition - [Cached Version]
    Published on: 11/3/2002    Last Visited: 10/15/2003  

    NAF attorney Stephen G. Anderson adamantly argued Monday that the judgment requires NAF to pay the city principle plus interest for the next 29 years while alleging the city is not required to make payments on those bonds until June 2013. "They haven't paid any of it out yet, and they don't pay any of it out for 10 years," Anderson told the court.
    ...
    In a motion asking Johnson to amend his ruling, Anderson wrote that the court is ordering NAF to pay $160,820 now when the city would not be required to make that bond payment until 2031.
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    "If, at the end of the day, the court's conclusion is, 'it doesn't matter whether or not Mr. Green is the alter-ego of the corporations and the city loses anyway because there is no connection', then those findings that he was an alter-ego is unnecessary to the ultimate conclusion," Anderson argued.
    ...
    Anderson also said the city built the west end interceptor not as a gravity flow line, but a pressurized line that did not require a pump station."They don't need that pump at the sewer treatment plant to lift it up," he said.
    ...
    If a mediator brings the two parties together on a financial number, Anderson indicated the case would be taken to the Tennessee Court of Appeals."After that's done, the judge will sign off and we will have a judgment," said Anderson after the case, "and we'll be off to the Court of Appeals."

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    Elizabethton Star - Online Edition - [Cached Version]
    Published on: 12/21/2002    Last Visited: 12/21/2002  

    During the final day of testimony, Green took the stand in his own defense as his lawyer, Stephen Anderson, hoped to disprove the city's claim that Green was the "alter ego" for the companies in the lawsuit and therefore should be held responsible.
    ...
    Therefore, according to Anderson, he is not responsible for the problems presented by the landfill's being positioned on top of the city's west-end interceptor sewer line, which runs through the NAF property.During Green's time as NAF president, the company set up an employee stock ownership plan in which employees of the company were given a percentage of ownership in the company.Because the company was owned and operated by its employees, Green and Anderson stated that Green is not the alter ego of the company.

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