Claims brought by the Brazilian taxing authorities against several of Praxair, Inc.’s Brazilian subsidiaries relating to various social and value-added (VAT) taxes are ongoing.
The social tax cases originated from 1988 to 1999, which was a period of hyperinflation in Brazil.…
Frederick’s of Hollywood Group Inc. disclosed in its annual report for year ended Sept. 30, 2008, on Form 10-K filed with the U.S. Securities and Exchange Commission on Oct. 24, 2008, that it intends to defend itself against cross-claims asserted…
Burlington Northern Santa Fe Corporation’s subsidiary, BNSF Railway Company, faced 4,074 personal injury claims, other than asbestos, in the three months ended Sept. 30, 2008, compared with 3,246 claims in the three months ended Sept. 30, 2007, the Company disclosed…
Alexander & Baldwin, Inc. disclosed in its latest quarterly report on Form 10-K filed with the U.S. Securities and Exchange Commission that in connection with the complaint filed by the Shipbuilders Council of America, Inc. and Pasha Hawaii Transport Lines…
The aboriginal land claim filed by The Chippewas of Nawash and The Chippewas of Saugeen in the Ontario Superior Court against The Attorney General of Canada and Her Majesty The Queen In Right of Ontario remains pending.
The land claimed includes…
Southwestern Public Service Company’s March 2008 request for an annual revenue increase of US$14.9 million in a wholesale rate case remains pending.
SPS is a wholly owned subsidiary of Xcel Energy Inc.
On March 31, 2008, SPS filed the wholesale rate case…
Qwest Communications International Inc. continues to be a defendant in a lawsuit filed by Richard and Marcia Grand in Arizona Superior Court.
On Oct. 31, 2002, the Grands, co-trustees of the R.M. Grand Revocable Living Trust, dated Jan. 25, 1991, filed…
Monolithic Power Systems, Inc. had US$7.4 million held in escrow as of Sept. 30, 2008, for which it could be liable subject to the outcome of certain legal activities with Taiwan Sumida Electronics, which are still pending in front of…
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…
King Pharmaceuticals, Inc. and its wholly owned subsidiary Albert Acquisition Corp. filed with a Delaware court in September 2008 a lawsuit alleging that Alpharma Inc.’s directors breached their fiduciary duties in connection with the tender offer by plaintiffs to purchase…