EVEREST RE: Del. & Ga. State Regulators’ Probes on Units Ongoing

Everest Re Group, Ltd. is cooperating with the state regulators from Delaware and Georgia in their investigations into the Company’s insurance subsidiaries.

No further details were disclosed regarding these investigations in the Company’s latest quarterly report filed with the U.S.…

EVEREST RE: SEC Probe over Loss Mitigation Insurance Ongoing

Everest Re Group, Ltd. continues to cooperate with the U.S. Securities and Exchange Commission in its investigation regarding Everest Reinsurance Holdings, Inc.’s loss mitigation insurance products.

In May 2005, the Company’s subsidiary, Holdings, received and responded to a subpoena from…

EVEREST RE: Mulls $174M Total Cost Annuities Replacement in 2Q08

Everest Re Group, Ltd. estimates that at June 30, 2008, the total cost to replace all annuities for which it was contingently liable in its business arrangement with The Prudential Insurance Company of America was US$174 million.

In 1993 and prior,…

LAS VEGAS SANDS: Dec. 2008 Trial Set for Jones’ Action in Nev.

The action filed by Clive Basset Jones, Darryl Steven Turok (a/k/a Dax Turok) and Cheong Jose Vai Chi (a/k/a Cliff Cheong), against Las Vegas Sands Corp. and certain subsidiaries is set for trial in December 2008.

On Jan. 26, 2006, the…

LAS VEGAS SANDS: Trial in Malcolm State Case to Resume in Nov.

Trial in Malcolm Drilling Company, Inc.’s complaint against Lido Casino Resort, LLC, formerly a wholly owned subsidiary of Las Vegas Sands Corp., and Taylor International Corp. will resume in early November 2008 or earlier if the U.S. District Court of…

LAS VEGAS SANDS: Sept. 29 Hearing Set for Bids v. $58M Judgment

A Sept. 29, 2008 hearing has been scheduled for Las Vegas Sands Corp.’s motions against the judgment in the lawsuit filed by Richard Suen and Round Square Company Limited relating to the Company’s Macao operations.

On Oct. 15, 2004, Mr. Suen…

LAS VEGAS SANDS: Facing AAEC’s Appeal on Contract Breach Suit

Las Vegas Sands Corp. intends to defend the appeal filed by Asian American Entertainment Corporation, Limited from its dismissed contract breach suit.

On Feb. 5, 2007, AAEC filed an action against the Company, Venetian Casino Resort, LLC, Venetian Venture Development, LLC,…

BGC PARTNERS: Probe on NAB Claims Over Revaluation Rates Ongoing

BGC Partners Inc.’s subsidiaries, BGCI and BGC Capital Markets (Japan) LLC, continue to investigate the legal and factual basis of National Australia Bank Ltd.’s allegations relating to revaluation rates made by the subsidiaries.

In September 2005, the National Australia Bank Ltd.…

PAPERWEIGHT DEVELOPMENT: Awaits Ruling on Antidumping Petitions

Paperweight Development Corp. expects the final determination on injury and duties in September or October 2008 regarding imports of low-priced products from China, Germany and Korea.

Prices for lightweight thermal papers have been adversely affected by increased imports of low-priced…

PARKER HANNIFIN: Probe on Marine Oil, Gas Hose Segment Continues

The investigations on Parker ITR’s marine oil and gas hose business are ongoing.

Parker ITR is a subsidiary of Parker Hannifin Corp.

On April 27, 2007, a grand jury in the Southern District of Florida issued a subpoena to Parker ITR.…

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