XML 29 R18.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 12 - Legal Matters
6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Legal Matters and Contingencies [Text Block]

Note 12. Legal Matters

 

In the ordinary course of conducting its business, Avalon becomes involved in lawsuits, administrative proceedings and governmental investigations, including those related to environmental matters. Some of these proceedings may result in fines, penalties or judgments being assessed against Avalon which, from time to time, may have an impact on its business and financial condition. Although the outcome of such lawsuits or other proceedings cannot be predicted with certainty, Avalon does not believe that any uninsured ultimate liabilities, fines or penalties resulting from such pending proceedings, individually or in the aggregate, would have a material adverse effect on its liquidity, financial position or results of operations (See Note 15).