SUBURBAN PROPANE: Product Suit Settled for $30M in 1Q-Fiscal ‘09

Suburban Propane Partners, L.P., during the first quarter of fiscal 2009, agreed to settle a litigation involving alleged product liability for about US$30 million, according to the Company’s annual report for the fiscal year ended Sept. 27, 2008.

This settlement will…

SUBURBAN PROPANE: Has $38.8Mil Self-Insurance Asset at Sept. 27

For the portion of its estimated self-insurance liability that exceeds its deductibles, Suburban Propane Partners, L.P. Recorded a corresponding asset related to the amount of the liability covered by insurance (which was about US$38.8 million at Sept. 27, 2008).

The Company’s…

PINNACLE FOODS: R2 Top Hat Case Settled in April for $10 Million

Pinnacle Foods Finance LLC settled its litigation with R2 Top Hat, Ltd. on April 17, 2008 for US$10.0 million in full payment of the excess leverage fees related to the Aurora prepetition bank facility, all related interest and all other…

PINNACLE FOODS: Nebraska Accidental Death Suit Settled Last Nov.

Pinnacle Foods Finance LLC, in November 2008, settled the suit filed by the estate of the deceased employee in District Court of Sarpy County, Nebraska, Case No: CI 04-391, the Company disclosed in its quarterly report on Form 10-Q filed…

PINNACLE FOODS: Case with Gilster Mary Lee Corp. Settled in July

Pinnacle Foods Finance LLC disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on July 17, 2008, it settled a lawsuit filed by Gilster Mary Lee Corporation for full payment of…

PINNACLE FOODS: ACS Case Settled with $700T Payment on Aug. 27

Pinnacle Foods Finance LLC disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that prior to the August 2008 trial date for American Cold Storage North America, L.P.’s lawsuit against Pinnacle Foods…

MEDCO HEALTH: Expects Arbitration Panel on IMS Health’s Demand

Medco Health Solutions Inc. disclosed in its latest quarterly report on Form 10-Q filed with the the U.S. Securities and Exchange Commission that it expects that an arbitration panel following briefing and summations in October and November 2008, related to…

MEDCO HEALTH: Tenn. Court Approves Derivative Lawsuit Settlement

The Circuit Court of Shelby County in Tennessee, with respect to the stockholders derivative suit filed against Accredo Health, Inc.’s former officers and former directors, has approved a settlement for an immaterial amount, all of which is covered in its…

QWEST COMMS: Review Motion in KPNQwest Action Pending in SC

Qwest Communications International Inc. says that plaintiffs petition to review the dismissal of an action in favor of defendants, in a case involving KPNQwest, N.V., is pending in the U.S. Supreme Court.

On June 25, 2004, the trustees in the Dutch…

ALPHARMA INC: $14T Fine Canceled by Sao Paulo Taxpayers in Aug.

Alpharma Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that on Aug. 25, 2008, the Joint Chambers of the Sao Paulo State Taxpayers Council rendered its non-appealable decision canceling the largest…

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