PUBLIC STORAGE: ICC Ruling on European JV Arbitration Pending

The International Chamber of Commerce has yet to issue its decision on the arbitration request by Public Storage’s affiliate, Shurgard Europe, relating to European joint ventures.

Shurgard Europe holds a 20% interest in each of two joint ventures in Europe,…

PUBLIC STORAGE: Shareholders’ Appeal on Junked Complaint Pending

The appeal by the shareholder plaintiffs in the dismissed amended derivative complaint against certain Public Storage directors and officers is pending.

In November 2002, a shareholder of Public Storage made a demand on the Company’s Board challenging the fairness of…