99 articles for

May 2009

CHUNGHWA TELECOM: Cites TWD428M for Land Usage Matter at Dec. 31

Chunghwa Telecom Co., Ltd., as of Dec. 31, 2008, recognized a maximum possible amount of TWD428 million in connection with a land usage fees litigation as an expense under operating costs.

On Sept. 30, 2008, the Taiwan Kaohsiung Administrative High Court…

BIOGEN IDEC: Mediation on Medicaid MDL Proceedings Ongoing

Biogen Idec Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that mediation on outstanding claims filed against the Company and its subsidiary Biogen Inc. (n/k/a Biogen Idec MA Inc.) over…

BIOGEN IDEC: Expects Trial on Mass. DOR’s Tax Assessment in 2010

Biogen Idec Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it anticipates the trial on the Massachusetts Department of Revenue’s US$38.9 million tax assessment against its wholly owned subsidiary,…

BIOGEN IDEC: Fraud Complaints Dismissed by Arizona AG on Feb. 11

Biogen Idec Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on Feb. 11, 2009, the Attorney General of Arizona voluntarily dismissed all claims against Biogen Idec in the Superior…

NORTHROP GRUMMAN: 2 Legal Matters Settled with Gov’t. on April 2

Northrop Grumman Corporation, on April 2, 2009, reached an agreement with the U.S. Government to settle two legal matters, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.

The first matter involved potentially substantial claims by…

CHUNGHWA TELECOM: To Pay TWD16.9Mil for Land Usage Compensation

The Taiwan Taipei District Court, on March 30, 2009, rendered its judgment that Chunghwa Post Co., Ltd. only need to pay about TWD16.9 million for land usage compensation.

The Company is to pay the TWD16.9 million along with interest calculated at…

TELEFONICA DE ARGENTINA: Awaits Ruling on Argentine Tax Disputes

Telefonica de Argentina SA disclosed in its annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of April 16, 2009, the National Court of Appeals in Administrative Contentious Matters has not ruled on tax…

TELEFONICA DE ARGENTINA: Facing ENTel Profit-Sharing Bond Claims

Telefonica de Argentina SA disclosed in its annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of Dec. 31, 2008, the Company still faces lawsuits claiming money to redress the damages suffered by the…

TELEFONICA DE ARGENTINA: Has ARS12.8MM Balance on UIT Liability

Telefonica de Argentina SA disclosed in its annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of Dec. 31, 2008, after carrying out compensations related to U.I.T., the net credit balance in favor of…

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