174 articles for

November 2008

UCI HOLDCO: Litigation on Tax Refunds Ongoing in Monterrey Court

UCI Holdco, Inc. reports that litigation to order local tax authorities to process tax refunds is ongoing in the regional federal administrative and tax courts in Monterrey, Mexico.

The Company’s Mexican operation has outstanding receivables in the amount of US$4.6 million…

AFFINIA GROUP: Visteon Corp. Case Settled for $2.95Mil on Oct. 9

Affinia Group Intermediate Holdings Inc. says that, on Oct. 9, 2008, parties in a lawsuit involving Visteon Corporation entered in a settlement agreement for US$2.95 million.

The US$2.95 million was accrued as of Sept. 30, 2008.

On Dec. 12, 2007, Visteon filed…

DR PEPPER: Appeal on Distribution Lawsuit Still Pending in N.Y.

Dr Pepper Snapple Group, Inc. says that plaintiffs’ appeal, over the approval of the Company’s motion for summary judgment in a case over distribution, is pending.

The plaintiffs are awaiting the court’s decision.

In 2004, one of the Company’s subsidiaries, Snapple Beverage…

DYNCORP INT’L: SIGIR’s Matter Over Iraqi Police Training Pending

The Special Inspector General for Iraq Reconstruction’s (SIGIR) matter on one of DynCorp International Inc.’s task orders on the Iraqi Police Training Program is pending.

On Jan. 30, 2007, the SIGIR issued a report on one of the Company’s task orders…

DYNCORP INT’L: Lawsuit on Behalf of 26 Sucumbios Locals Ongoing

A lawsuit filed on behalf of 26 residents of the Sucumbios Province in Ecuador against DynCorp International Inc. and several of its former affiliates is ongoing in the U.S. District Court for the District of Columbia.

The suit, filed on Sept.…

DYNCORP INT’L: Appeal in Worldwide Network Services Case Pending

DynCorp International Inc.’s notice of appeal over a lawsuit involving a former subcontractor, Worldwide Network Services (WWNS), is pending.

On May 14, 2008 a jury in the Eastern District of Virginia found against the Company in a case brought by WWNS,…

DYNCORP INT’L: Still Awaits Resolution in Defense Contract Case

A non-compliance matter involving DynCorp International Inc. and the Defense Contract Management Agency (DCMA) is pending resolution.

The DCMA formally notified the Company of non-compliance with Cost Accounting Standard 403, Allocation of Home Office Expenses to Segments, on April 11, 2007.…

FOSSIL INC: Three Shareholder Derivative Actions Ongoing in Tex.

Fossil, Inc. continues to face, as a nominal defendant, three shareholder derivative lawsuits in the U.S. District Court for the Northern District of Texas, Dallas Division.

The suit also names all of the Company’s then current directors and certain of its…

DYNCORP INT’L: Probe on Civilian Police Program in Iraq Ongoing

The U.S. Department of State Office of the Inspector General’s probe on DynCorp International Inc.’s Civilian Police Program in Iraq is ongoing.

On Sept. 17, 2008, OIG served the Company with a records subpoena for the production of documents relating to…

MIRANT AMERICAS: Complaint Over PJM Rates Dismissed on Sept. 19

The Federal Energy Regulatory Commission on Sept. 19, 2008, issued an order on dismissing a complaint asserting that capacity auctions held to determine capacity payments under PJM Interconnection, LLC’s reliability pricing model (RPM) tariff had produced rates that were unjust…

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