SHAW GROUP: Proceedings on Construction Contract Ongoing in La.

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…

SHAW GROUP: IRS Appeal on Tax Return for Years 2002-2003 Pending

The Shaw Group Inc.’s appeal on the Internal Revenue Service’s tax returns for the 2002 and 2003 fiscal years is pending.

In connection with the regular examination of the Company’s U.S. Federal tax return by the IRS for the 2002 and…

SHAW GROUP: Del. Court’s Ruling in SAB Case Reversed on Dec. 30

The U.S. Court of Appeals for the Third Circuit, on Dec. 30, 2008, reversed the U.S. District Court for the District of Delaware’s ruling, which rendered a judgment against The Shaw Group Inc. and in favor of Saudi American Bank…

SHAW GROUP: Stone & Weber v. Mitsubishi Case Pending Before AAA

The Shaw Group Inc. has pending before the American Arbitration Association (AAA) the case of Stone & Webster, Inc. (S&W) v. Mitsubishi Heavy Industries, Ltd. and Mitsubishi Power Systems, Inc. (collectively, Mitsubishi).

In that matter, Company subsidiary S&W seeks about US$38…