Marvell Technology Group Inc. awaits the final approval of the tentative settlement entered by the parties in two consolidated shareholder derivative actions in the U.S. District Court for the Northern District of California.
On March 5, 2008, the parties entered into…
AES Corp.’s subsidiary, Southern Electric Brasil Participacoes, Ltda. (”SEB”), continues to defend against Brazilian National Development Bank (”BNDES”)’s collection suit.
In April 2004, BNDES filed a collection suit against SEB to obtain the payment of BRL3.3 billion (US$1.6 billion) under…
Huntsman Corporation disclosed in its latest Quarterly Report filed with the Securities and Exchange Commission that as of June 30, 2008, two claims remain unresolved relating to discoloration of unplasticized polyvinyl chloride products allegedly caused by the Company’s titanium dioxide.
The…
The suit filed in February 2008, by Companhia de Transmissao de Energia Eletrica Paulista (”CTEEP”) against AES Corp.’s subsidiary, Eletropaulo Metropolitana Electricidad de Sao Paulo S.A. (”Eletropaulo”), and Centrais Eletricas Brasileiras S.A. (”Eletrobras”) remains pending in the Fifth District Court…
Ingram Micro Inc., in its latest Quarterly Report filed with the U.S. Securities and Exchange Commission dated Aug. 7, 2008, says that as of June 28, 2008, the assessment of interest against its Brazilian subsidiary potentially amount to approximately US$26.30…
Huntsman Corporation is involved in disputes with Hexion Specialty Chemicals, Inc., and certain Apollo entities in connection with the Company’s July 12, 2007 merger agreement with Hexion.
Pursuant to the Merger Agreement, Hexion agreed to acquire all the Company’s outstanding…
Capital Southwest Corporation continues to face suits filed against Heelys, Inc. and its Chief Executive Officer, Chief Financial Officer and the directors who signed its registration statement with the Securities and Exchange Commission in connection with its Dec. 7, 2006…
Oral arguments in an appeal filed by ABM Industries Incorporated against a ruling in favor of National Union Fire Insurance Company was heard in July 2008.
In August 2005, the Company filed an action for declaratory relief, breach of contract…
World Fuel Services Corporation’s subsidiary, Tramp Oil & Marine Limited (TOM), is engaged in disputes with Atlantic Service Supply, S.A., in connection with alleged breach of a barge charter agreement by Isthmian Petroleum Supply & Services, S.A.
TOM and Isthmian were…
Derivative lawsuits filed against The Cooper Companies, Inc. are ongoing in the U.S. District Court for the Central District of California and Superior Court for the State of California for the County of Alameda.
On March 17, 2006, Eben Brice filed…