441 articles for

September 2008

KROGER CO: Pursues Bid for Tax Court to Redetermine Deficiencies

The Kroger Co.’s petition with the Tax Court styled In Re: Ralphs Grocery Company and Subsidiaries, formerly known as Ralphs Supermarkets, Inc., Docket No. 20364-06, is still pending.

Ralphs Grocery Co. is the supermarket division of Kroger.

On Oct. 6, 2006, the…

PAYCHEX INC: Pursuing Appeal over Damages Awarded to Licensee

Paychex, Inc. continues to pursue its appeal over the jury award in favor of a licensee in the suit against the Company, its wholly owned subsidiary, Rapid Payroll, Inc., its former Chief Executive Officer, and its Senior Vice President of…

NEIMAN MARCUS: Suit v. HSBC on Card Program Agreement Pending

Neiman Marcus, Inc.’s suit against HSBC Bank Nevada, N.A. and HSBC Private Label Corp. f/k/a Household Corp. remains pending.

On April 21, 2008, the Company entered into an amendment to the Program Agreement, dated as of June 8, 2005, by and…

DARDEN RESTAURANTS: To Defend v. Shareholder’s Derivative Action

Darden Restaurants, Inc. intends to defend against the shareholder derivative civil action filed in the Circuit Court of the Ninth Judicial Circuit of Orange County, Florida.

A putative shareholder’s demand through a letter dated May 9, 2008, is urging the Company’s…

DARDEN RESTAURANTS: To Defend EEOC’s Lawsuit Over Discrimination

Darden Restaurants, Inc. intends to defend its position in the discrimination suit filed by the Equal Employment Opportunity Commission in the U.S. District Court for the Northern District of Ohio.

On Sept. 18, 2008, the EEOC filed suit in the…

VANGUARD HEALTH: Medicare Secondary Payor Act Suit Ended in June

The lawsuit captioned Medicare Secondary Payor Act Litigation - Brockovich, on behalf of the United States of America v. Vanguard Health Systems, Inc., et al., Case No. SACV06-547 JVS(MLGx), has been terminated as of June 2008.

The parties were due to…

BHP BILLITON: Ruling in Bid over Railway Line Suit Still Pending

The Full Court of the Federal Court has yet to issue its decision regarding BHP Billiton Iron Ore Pty. Ltd.’s appeal from the decision declaring that neither the Mt. Newman line nor the Goldsworthy line was part of a ‘production…

BHP BILLITON: Oct. 3 Directions Hearing Set for Tax Evaluations

A directions hearing is set for Oct. 3, 2008 and for trial on April 20, 2009, on the Australian Taxation Office’s assessments against BHP Billiton Finance Ltd. in respect of 1999 through 2002 financial years.

BHP Billiton Finance is a BHP…

FEDEX CORP: Cooperating with Anti-Competition Agencies’ Probes

FedEx Corp. is cooperating with separate investigations being conducted by the Japan Fair Trade Commission, the Antitrust Division of the U.S. Department of Justice, the Australian Competition and Consumer Commission and the Korea Fair Trade Commission.

In July 2008, the…

INDUSTRIAL DEV’T: Supreme Court’s Ruling in Lahava Suit Pending

The ruling of the Supreme Court regarding Lahava Chatamim Ltd.’s derivative action against Industrial Development Bank of Israel Ltd. is still pending.

In March 2003, Lahava Chatamim, in its capacity as a shareholder, filed a derivative action in the amount…

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