Transocean Inc. continues to contest the US$153 million tax assessments from the state tax authorities of Rio de Janeiro, Brazil.
In the third quarter of 2006, the Company received the US$153 million tax assessments against one of the Company’s Brazilian…
One of Transocean Inc.’s subsidiaries is involved in an action with respect to a customs matter relating to the Sedco 710 semisubmersible drilling rig.
Before the Company’s merger with Sedco Forex, this drilling rig, which was working for Petrobras in…
Qwest Communications International Inc.’s subsidiary, Qwest Corporation (QC), faces litigation brought by several owners of payphones relating to the rates QC charged them for the lines to their payphones between 1997 and 2003.
Two lawsuits are pending, one filed in the…
The settlement agreement resolving 13 price indexing cases against Duke Energy Corp. was executed in February 2008, and amended and restated in July 2008.
The Company and several of its affiliates, as well as other energy companies, have been parties…
Duke Energy Corp. defends itself in the lawsuit brought by the governing bodies of an Inupiat village in Alaska, alleging that the Company conspired to mislead the public with respect to global warming.
On Feb. 26, 2008, plaintiffs filed suit…
One of Transocean Inc.’s subsidiaries is involved in lawsuits arising out of the subsidiary’s involvement in the design, construction and refurbishment of major industrial complexes.
The operating assets of the subsidiary were sold and its operations discontinued in 1989, and the…
The legal challenge on the merits of the US$40 million assessment against Duke Energy Corp.’s subsidiary, Duke Energy International Geracao Paranapanema S.A. (Paranapanema), remains pending before the Brazilian federal court.
In June 2007, the Brazilian electricity regulatory agency (ANEEL) issued…
Ameriprise Financial, Inc. continues to face claims by customers relating to suitability, disclosures, supervision and certain other sales practices.
The Company previously reported two adverse arbitration awards issued in 2006 by the panels of the Financial Industry Regulatory Authority formerly…