TEAM INC: Worker’s Compensation Claim v. Valero Settled in Sept.

A final settlement was reached in September 2008, among Team Inc., the Company’s employee, its insurers, and Valero McKee Refinery regarding an injuries compensation dispute between the parties.

In February 2007, one of the Company’s employees sustained serious injuries as a…

TEAM INC: Still Defending v. Barker’s Suit on TSI’s Acquisition

Team Inc. continues to defend the suit styled, “Paulette Barker, as named Executor for the Estate of Robert Barker, et. al. v. Emmett J. Lescroart, Michael Urban, Team, Inc. et. al.,” Case Number 355868-402, pending in the Probate Court #1,…

TEAM INC: To Defend Suits Over Manhattan July 2007 Steam Rupture

Team Inc., in its Form 10-Q dated Oct. 9, 2008, disclosed that it intends to defend the lawsuits filed against Consolidated Edison of New York and the Company in the Supreme Courts of New York stemming from a July 2007…