Shy, et al v. Navistar Int'l Corp, et al

Filing 579

ORDER SUSTAINING DEFENDANTS' MOTION TO MODIFY CONSENT DECREE. Signed by Judge Walter H. Rice on 8/11/2021. (srb)(This document has been sent by regular mail to the party(ies) listed in the NEF that did not receive electronic notification.)

Case: 3:92-cv-00333-WHR Doc #: 579 Filed: 08/11/21 Page: 1 of 1 PAGEID #: 5862

IN THE UNITED STATES DISTRICT COURT
FOR THE SOUTHERN DISTRICT OF omo
WESTERN DMSION (DAYTON)

ART SHY, et al.
Plaintiffs,
vs.
NAVISTAR INTERNATIONAL
CORPORATION, et al.
Defendants.

Case No. 3:92-CV-00333
District Judge Walter H. Rice

ORDER SUSTAINING DEFENDANTS'
MOTION TO MODIFY CONSENT DECREE
Upon consideration of Defendants' Motion to Modify the 1993 Consent Decree, Dkt. 575
(hereafter the "Motion"), and the written submissions related to the Motion, and for good cause
shown, it is hereby ORDERED that the Motion is SUSTAINED. The Court finds that good cause
exists to modify the 1993 Consent Decree (Dkt. 327) on a going forward basis from the completed
acquisition date between TRATON and Navistar, and that the modification is not otherwise
intended to modify the Consent Decree. The Court therefore ORDERS that the Consent Decree
be modified in the manner described as follows:
All references to generally accepted accounting principles or GAAP in the original 1993
Consent Decree in this matter shall be deemed, as of the completed acquisition date between
TRATON and Navistar and onward, to reference the equivalent provision, principle, or standard
under the International Financial Reporting Standards or IFRS.

Dated: August _ I_ , 2021
I
Walter H. Rice
United States District Judge

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