(19)	Contingencies

We are party to a number of lawsuits arising in the normal course of our business. Our energy services segment is party to two lawsuits alleging damages caused by our coiled tubing operations in Louisiana; one lawsuit alleges damages of $28 and the other of $9. To date, we have not incurred significant costs in defending these matters.

Our energy services segment is also party to several lawsuits alleging damages caused by our nitrogen service operations. For one of these lawsuits, we estimate that we are probably liable for amounts in the range of $2.0 million to $3.4 million, with no amount within this range a better estimate than any other amount. Accordingly, we have accrued $2.0 million as of December 31, 2013.

We believe we have adequate insurance coverage and do not believe that any of the aforementioned pending litigation will have a material adverse impact on our financial condition, liquidity or results of our operations.

Within our construction technologies segment, we have one customer contract which obligates us to complete certain work within a specified timeframe. Although we have not fulfilled those obligations, our customer has indicated that no penalties will be assessed. Thus, we have not accrued any obligation for amounts resulting from this non-compliance.

On May 8, 2013, Armada (Singapore) PTE Limited, an ocean shipping company now in bankruptcy ("Armada") filed a case in federal court in the Northern District of Illinois against AMCOL and certain of its subsidiaries (Armada (Singapore) PTE Limited v. AMCOL International Corp., et al., United States District Court for the Northern District of Illinois, Case No. 13 CV 3455). A co-defendant is Ashapura Minechem Limited, a company located in Mumbai, India ("AML"). During the relevant time period, 2008-2010, AMCOL owned slightly over 20% of the outstanding AML stock through December 2009, after which it owned approximately 19%. In 2008, AML entered into two contracts of affreightment ("COA") with Armada for over 60 ship loads of bauxite from India to China. After one shipment, AML made no further shipments which led Armada to file arbitrations in London, one for each COA. AML did not appear in the London arbitrations and default awards of approximately $70 were entered. The litigation filed by Armada against AMCOL and AML relates to these awards, which AML has not paid. The substance of the allegations by Armada is that AML and AMCOL engaged in illegal conduct to thwart Armada's efforts to collect the arbitration award. The counts in the complaint include both violations of the Illinois Fraudulent Transfer laws as well as federal RICO violations. The lawsuit seeks money damages as well injunctive relief. The litigation is now entering the discovery phase. Fact discovery and expert discovery is currently scheduled to last through June 12, 2015.

Litigation Related to the Imerys Transaction

On or about February 18, 2014, Hilary Coyne filed a purported class action complaint on behalf of herself and all other similarly situated stockholders of AMCOL in the Circuit Court of Cook County, Illinois, Chancery Division (Hilary Coyne v. AMCOL International Corporation, John Hughes, Ryan McKendrick, Audrey L. Weaver, Paul C. Weaver, Jay D. Proops, Donald J. Gallagher, William H. Schumann III, Clarence O. Redman, Daniel P. Casey, Frederick J. Palensky, Dale E. Stahl, Imerys S.A., and Imerys Minerals Delaware, Inc., Case No. 2014 CH02849).

On or about February 24, 2014, a second AMCOL stockholder filed a complaint in the Circuit Court of Cook County, Illinois, Chancery Division, on behalf of the same purported class of AMCOL stockholders and against the same defendants as the first case as well as a former AMCOL director (City of Monroe Employees' Retirement System, individually and on behalf of all others similarly situated v. AMCOL International Corporation, Imerys S.A., Imerys Minerals Delaware, Inc., John Hughes, Ryan McKendrick, Arthur Brown, Daniel P. Casey, Frederick J. Palensky, Jay D. Proops, Clarence O. Redman, Dale E. Stahl, Audrey L. Weaver, Paul C. Weaver, Donald J. Gallagher, William H. Schumann III, Case No. 2014 CH03236).

On or about February 21, 2014, Benjamin Halberstam, on behalf of himself and all other similarly situated AMCOL stockholders, filed a purported class action complaint in the Court of Chancery of the State of Delaware against the same defendants in the Coyne case (Benjamin Halberstam v. AMCOL International Corporation, John Hughes, Ryan F. McKendrick, Daniel P. Casey, Frederick J. Palensky, Jay D. Proops, Clarence O. Redman, Dale E. Stahl, Audrey L. Weaver, Paul C. Weaver, Donald J. Gallagher, William H. Schumann III, Imerys S.A., and Imerys Minerals Delaware, Inc., Case No. 9381)

All three lawsuits allege, among other things, that AMCOL's directors breached their fiduciary duties in connection with the negotiation, consideration and approval of the Imerys Merger Agreement by, among other things, agreeing to sell AMCOL for inadequate consideration and on otherwise inappropriate terms. The complaints allege that Imerys, and in certain cases AMCOL, aided and abetted the alleged breaches of fiduciary duty by the AMCOL directors. Based on these allegations, the lawsuits, among other relief, seek certain injunctive relief, including the enjoining of the Imerys Transaction, and damages. The lawsuits also seek recovery of the costs of the actions, including attorneys' fees.

AMCOL expects that additional stockholder class action complaints, or amendments to the existing complaints, may be filed with respect to the Imerys Transaction.