CCP Claims Trial Victory Over Accusers Viking Yacht Company and Post Marine Company, Inc.

KANSAS CITY, Mo., July 27, 2009 – The Cook Composites and Polymers Company (CCP) represented by the law firm Buchanan, Ingersoll & Rooney won a major victory on Friday afternoon, July 24th. Various claims were asserted against CCP by both Viking Yacht Company and Post Marine Company, Inc. which included: breach of contract, breach of implied warranty of fitness for a particular purpose, breach of implied warranty of merchantability, fraud, negligent misrepresentation, breach of express warranty and violations of the New Jersey Consumer Fraud Act. Only one claim survived summary judgment rulings.

In their pleadings, the plaintiffs originally sought damages in excess of 400 million dollars, but this amount was significantly reduced prior to trial through favorable summary judgments to a little over 6 million dollars. The trial lasted 5 weeks, commencing on Monday, June 22nd in Camden, New Jersey and came to a close last Friday afternoon when a ten person jury in the U.S. District Court of New Jersey unanimously found CCP to be without fault. “After four long years, we are obviously pleased with the verdict and thankful that we can finally move forward again with our full attention focused on our customers & business without this unnecessary distraction,” said Paul H. Colonna, CCP President and CEO.

The Buchanan, Ingersoll & Rooney team was led by Philadelphia, Pennsylvania attorney Steven E.Bizar, Co-Chairman of the litigation section, who with team members Gerald E. Burns, Thomas Manning, Landon Jones, and Gerard Hudak presented the facts for CCP.

Quality products and superior customer service have made Cook Composites and Polymers (CCP) an international leader in the production and distribution of polyester gel coats and resins. CCP is the world’s largest producer of polyester gel coats and the second largest producer of coatings resins. In addition, the CCP distributor network is North America’s largest for composites and cast polymers.

Headquartered in Kansas City, Mo., CCP has manufacturing facilities throughout the United States, Canada and Mexico. CCP affiliate companies include TOTAL, Cray Valley, Sartomer, Reacciones Quimicas, Peninsula Polymers and Progress Plastiques among others.

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