88 articles for

July 2009

BRASIL TELECOM: Faces BRN66 Million in Income Tax Assesments

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of December 31, 2008, the company classified claims in the amount of BRN272 million as having a…

SHAW GROUP: Performance Letter of Credit Cut to US$2.2MM in June

The Shaw Group Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that its contractor client’s US$4.3 million performance letter of credit held from the company was reduced to US$2.2 million…

BRASIL TELECOM: Sets Aside BRN261 Mln for Rio Grande do Sul Claims

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as a result of certain judicial decisions in 2009 relating to CRT, the company has reclassified the probability…

SHAW GROUP: Contract Award Proceedings Still Ongoing in La., Asia

Proceedings by The Shaw Group Inc. to enforce a services contract award for the construction of two nuclear power plants in Asia is ongoing in both the host country and in the U.S. District Court for the Middle District of…

BRASIL TELECOM: Terminates Brasil Telecom Trust in 2009

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of December 31, 2008, that in 2009 the Brasil Telecom Trust was terminated.

In September 2003, Brasil Telecom…

BRASIL TELECOM: Faces BRN663 Million in Claims as CRT Successor

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as a result of certain judicial decisions in 2009 relating to CRT, the company has reclassified the probability…

BRASIL TELECOM: Faces BRN86 Mln Claims as TeleMat Successor

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of December 31, 2008, the company had classified claims as successor to Telecomunicacoes do Mato Grosso do…

BRASIL TELECOM: Telegoias and Telemat Clients Claim BRN309 Million

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of December 31, 2008, the company had classified claims by customers of Telecomunicacoes de Goias S.A.

Telegoias…

BRASIL TELECOM: Final Ruling on Splice Litigation Still Pending

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of July 13, 2009, a final decision is still pending on the action brought by Splice do…

BRASIL TELECOM: Sets Asides BRN12 Mln for ANATEL Proceedings

Brasil Telecom Participacoes SA disclosed in its latest annual report on Form 20-F filed with the U.S. Securities and Exchange Commission that as of December 31, 2008, the total estimated contingency in connection with administrative proceedings against the company in…

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