Tennessee Valley Authority had accrued about US$46 million with respect to legal proceedings as of Sept. 30, 2008, compared with US$3 million as of Sept. 30, 2007.
The Company also accrued US$5 million with respect to other proceedings that have arisen…
Tennessee Valley Authority is still engaged in various administrative and legal proceedings arising from employment disputes, according to the Company’s annual report for the fiscal year ended Sept. 30, 2008.
These matters are governed by federal law and involve issues typical…
Tennessee Valley Authority says that administrative proceedings over its Bellefonte Nuclear Plant Units 3 and 4 are still ongoing, according to the Company’s annual report filed with the Securities and Exchange Commission for the fiscal year ended Sept. 30, 2008.
The…
Tennessee Valley Authority continues to be party to AREVA NP Inc.’s lawsuit, which stemmed from two invoices over a contract between the Company and Babcock and Wilcox Company (B&W).
On Nov. 9, 2005, the Company received two invoices totaling US$76 million…
Tennessee Valley Authority says that contractor Stone & Webster Construction, Inc. did not agree to the conditions set forth in the Aug. 20, 2008 settlement agreement, according to the Company’s annual report filed with the Securities and Exchange Commission on…