MONOLITHIC POWER: $7.4M Held in Escrow for TSE-Related Liability

Monolithic Power Systems, Inc. had US$7.4 million held in escrow as of Sept. 30, 2008, for which it could be liable subject to the outcome of certain legal activities with Taiwan Sumida Electronics, which are still pending in front of…

MUELLER INDUSTRIES: Review on Copper-Dumping Issue Ended in Aug.

The Canada Border Services Agency, on Aug. 27, 2008, completed a review process under which revised normal values were issued to exporters of subject goods, including Mueller Industries Inc.

In June 2006, the CBSA initiated an investigation into the alleged…

AMR CORP: New Zealand’s Probe on Surcharge Agreements Ongoing

The New Zealand Commerce Commission’s investigation into AMR Corp.’s agreements relating to various surcharges is ongoing.

The Commission notified the Company on Feb. 17, 2006, that it is investigating whether the Company and certain other cargo carriers entered into agreements relating…

TATA COMMS: Junked Tax Benefit Claims On Appeal Before Tribunal

Tata Communications Limited appeals before the Income Tax Appellate Tribunal over its dismissed tax benefit claims for fiscal 1996, 1997, 1998, 1999 and 2000 to 2004.

The Indian tax authorities have taken the position that the Company is not entitled to…

TATA COMMS: Implementing New Services Agreements with Tyco & C2C

Tata Communications Limited, Tyco Global Networks Ltd, and C2C Pte Ltd are in the process of implementing the terms of New Agreements regarding telecommunications services.

On June 30, 2005, the Company acquired from Tyco all of the assets and liabilities relating…

TATA COMMS: Continues to Pursue Claims for License Fees v. DOT

Tata Communications Limited continues to pursue its claims for the license fees it paid to the Department of Telecom as a deductible expenditure.

The Income Tax Department of the Government of India has disputed this claim of the Company from…

TATA COMMS: Inquiries on ITXC’s Possible FCPA Violations Ongoing

Tata Communications Limited, in its Form 20-F filed with the Securities and Exchange Commission dated Oct. 14, 2008, says it intends to continue cooperating with the Securities and Exchange Commission and the U.S. Department of Justice over ITXC Corp.’s possible…

TATA COMMS: Mulls Options Over Final Award in FLAG Arbitration

Tata Communications Limited, in its Form 20-F filed with the Securities and Exchange Commission dated Oct. 14, 2008, said that it will consider its options over challenging in the Netherlands courts the final arbitration award in favor of Reliance Globalcom…

TATA COMMS: Reaches Deal With Polargrid LLC over Contract Breach

Polargrid LLC’s contract breach suit against Tata Communications Limited was settled out of court during the fiscal year ended March 31, 2008, according to the Company’s Form 20-F as filed with the Securities and Exchange Commission on Oct. 14, 2008.

Polargrid,…

TATA COMMS: Appealing DoT’s Levy Reimbursement Claim Before ITAT

Tata Communications Limited is appealing before the Income Tax Appellate Tribunal over the Indian tax authorities’ claim for reimbursement of the Department of Telecom’s levy.

The Indian tax authorities have taken the position that the Company has not offered for taxation…

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