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New Era Energy & Digital agrees to USD 1 million settlement to dismiss New Mexico claims

PUBT·07/09/2026 21:33:32
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New Era Energy & Digital agrees to USD 1 million settlement to dismiss New Mexico claims
  • New Era Energy & Digital reached a final settlement in the State of New Mexico lawsuit after a US bankruptcy court order entered July 9, 2026.
  • Total settlement payment set at USD 1 million, split USD 350,000 to New Mexico, USD 650,000 to the Acacia bankruptcy estate trustee.
  • Payment due within five business days; trustee to release the company and related defendants from trustee-controlled claims, dismissing them with prejudice.
  • Settlement includes no admission of liability; New Mexico continues to pursue three claims against E. Will Gray II individually.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Era Energy & Digital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607091733PRIMZONEFULLFEED9760136) on July 09, 2026, and is solely responsible for the information contained therein.