|3 Months Ended
Mar. 31, 2014
|Commitments and Contingencies Disclosure [Abstract]
NOTE 4. CONTINGENCIES
In the normal course of business, certain of the Companys subsidiaries are defendants in a number of lawsuits, claims or arbitrations which allege that the subsidiaries services caused damage. In addition, the Company defends employment related cases and claims from time to time. We are involved in certain environmental matters primarily arising in the normal course of business. We are actively contesting each of these matters.
Presently, the Company and a subsidiary, The Industrial Fumigant Company, LLC, are named defendants in Severn Peanut Co. and Meherrin Agriculture & Chemical Co. v. Industrial Fumigant Co., et al. The Severn lawsuit, a matter related to a fumigation service, has been filed in the United States District Court for the Eastern District of North Carolina. The court dismissed plaintiffs claim for breach of contract on March 15, 2014; plaintiffs pending claim for damages is for negligence.
Management does not believe that any pending claim, proceeding or litigation, either alone or in the aggregate will have a material adverse effect on the Companys financial position, results of operations or liquidity; however, it is possible that an unfavorable outcome of some or all of the matters, however unlikely, could result in a charge that might be material to the results of an individual quarter or year.