Delmarva Power & Light Company, a subsidiary of Pepco Holdings, Inc., is in discussions with A&N Electric Cooperative to resolve a dispute in the final true-up amounts for the sale of a retail electric distribution business.
In January 2008, DPL completed:
(1)…
Discussions are ongoing between Sirchie Acquisition Company, LLC, an 80% owned indirect subsidiary of Raymond James Financial Incorporated, and the Commerce and Justice Departments over civil and criminal sanctions.
SAC, acquired as a merchant banking investment, has been advised by the…
Burger King Holdings, Inc., as of June 30, 2008, had US$34 million in accrued liabilities relating to all claims, both reported and incurred-but-not-reported.
The Company carries insurance programs to cover claims such as workers’ compensation, general liability, automotive liability, executive risk…
Burger King Holdings, Inc. is facing the lawsuit filed by four Florida franchisees on July 30, 2008, over the Company’s decision to mandate extended operating hours in the United States.
The plaintiffs seek damages, declaratory relief and injunctive relief.
The…
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.…
Countrywide Financial Corporation remains subject to proceedings filed by certain state and local government officials stemming from alleged violations of state consumer protection laws.
These proceedings against the Company include lawsuits brought by the state attorneys general of California, Connecticut,…
Cardinal Health Inc. and the Drug Enforcement Administration of the U.S. Department of Justice, on Aug. 7, 2008, reached an oral agreement in principle to resolve the license suspensions.
The agreement is subject to the completion of definitive documentation as…