Industrial Development Bank of Israel Ltd. expects that as a result of the revocation of its banking license it may lose certain benefits it enjoys in its capacity as a banking entity in conducting legal proceedings against its customers.
In his…
The resumption of the payment of the dividends relating to Industrial Development Bank of Israel Ltd. and 27 financial institutions’ accrual of interest on perpetual deposits, is pending.
The financial institutions hold the Company’s 6% Cumulative Participating Preference “C” Shares,…
The ruling of the Supreme Court regarding Lahava Chatamim Ltd.’s derivative action against Industrial Development Bank of Israel Ltd. is still pending.
In March 2003, Lahava Chatamim, in its capacity as a shareholder, filed a derivative action in the amount…
Noble Corp.’s internal investigation of its Nigerian operations is ongoing, according to the Company’s latest Quarterly Report filed with the U.S. Securities and Exchange Commission.
Since June 2007, the Company has been conducting an internal investigation focusing on the legality under…
A ruling on the preliminary objection filed by the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Minister of Transportation to Noble Corp.’s originating summons is scheduled for October 2008.
During the fourth quarter of 2007, the Company’s Nigerian…
Noble Corp.’s wholly owned indirect subsidiary, Noble Asset Company Ltd., continues to pursue contractual indemnification against liability for Indian customs duty and related costs and expenses against a rig’s previous owner in arbitration proceedings in London, which proceedings the parties…
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 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 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,…
The suit styled Al-Quraishi v. L-3 Services, Inc. et. al., naming CACI International Inc. and CACI Premier Technology, Inc. as defendants, is pending.
On June 30, 2008, Plaintiff filed a 20-count complaint in the U.S. District Court for the District of…