Kansas City Southern expects court ruling will cost it $8M - Kansas City Business Journal:

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KCSM had made a good faith paymentr to the Mexico courts ofabouyt $3 million in December 2007, KC Souther n said in Monday’s release, and will be obligateed to make an additional $5 million paymentf in four to six months on the principak claim. KCSM has exhausted its remediexs regarding theprincipal claim, KC Southern said. Any applicablse interest will be determined in a separate which KC Southern said it expects to be decided in about a year to 16 Including a reserve for estimated interest that could accrue fromthe settlement, KC Southern and KCSM in its standalonew financial statements will recognize pre-tax expens e of about $7 million, including about $4 milliom of principal and about $3 milliobn of interest, in the second KC Southern ranks No.
11 on the Kansas City BusinesszJournal ’s list of area public