GREAT PLAINS: Travelers’ Hawthorn No. 5 Insurance Suit Dismissed

The U.S. District Court for the Eastern District of Missouri, on July 24, 2008, granted Kansas City Power & Light Company’s motion to dismiss the Hawthorn No. 5 Insurance Litigation.

KCP&L, a wholly owned subsidiary of Great Plains Energy Inc., received…

GREAT PLAINS: Unit Files Rate Increase Requests with MPSC & KCC

KANSAS CITY, Missouri - Sept. 5, 2008 KCP&L filed rate increase requests with the Missouri Public Service Commission (MPSC) and the Kansas Corporation Commission (KCC) to increase base rates for electric service in all five of its service areas. The…

GREAT PLAINS: Weinstein Contract Breach Suit Settled Last March

Richard D. Weinstein’s contract breach suit against an indirect subsidiary of Great Plains Energy Inc., KLT Telecom Inc., has been settled in March 2008.

KLT Telecom is an indirect subsidiary of the Company through KLT Inc.

Mr. Weinstein filed suit against KLT…

GREAT PLAINS: Rate Complaint Case v. Union Pacific Closed in May

The Surface Transportation Board (STB), on May 16, 2008, ruled on the rate complaint case filed by Kansas City Power & Light Company, a wholly owned subsidiary of Great Plains Energy Inc., contesting Union Pacific Railroad Company’s rates for coal…

SEARS HOLDINGS: Kmart Vendor Allowances Inquiries Still Ongoing

The investigations of the U.S. Securities and Exchange Commission and the U.S. Attorney for the Eastern District of Michigan continue on Kmart Holding Corp. are ongoing.

The investigations focus on the recorded vendor allowances and the disclosure of certain events…

NAVISTAR INT’L: Re-Filed Contract Breach Lawsuit v. Ford Ongoing

Navistar International Corporation continues to pursue its February 2008 re-filed contract breach lawsuit against Ford Motor Company since the parties were unable to resolve the dispute through mediation.

In January 2007, a complaint was filed against the Company in Oakland…

ENERGY CONVERSION: Battery Supply Fraud Suit Resolved Last June

The lawsuit filed by International Acquisitions Services, Inc., Innovative Transportation Systems AG, and Neville Chamberlain against Energy Conversion Devices, Inc. was resolved in June 2008 with a payment of US$925,000 made to IAS.

The action, filed in Nassau County, New York…

ENERGY CONVERSION: Dispute on Joint Venture Claims Still Ongoing

Energy Conversion Devices, Inc. and its subsidiary, Ovonic Battery Co., are facing claims of Chevron Technology Ventures LLC relating to the Operating Agreement in the Cobasys joint venture.

The Cobasys joint venture between OBC and CTV, a subsidiary of Chevron Corp.,…

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