HUNTSMAN CORP: Lawsuit on 17 Reinsurers’ Claims in Texas Pending

The lawsuit filed by 17 reinsurance companies on Aug. 31, 2007, against Huntsman Corporation and International Risk Insurance Company, the Company’s captive insurer, remains pending in the U.S. District Court, Southern District of Texas.

The reinsurance companies reinsure risks under the…

HUNTSMAN CORP: Disputes on July 2007 Merger Agreement Ongoing

Huntsman Corporation is involved in disputes with Hexion Specialty Chemicals, Inc., and certain Apollo entities in connection with the Company’s July 12, 2007 merger agreement with Hexion.

Pursuant to the Merger Agreement, Hexion agreed to acquire all the Company’s outstanding…

HUNTSMAN CORP: Two Discoloration Claims Unresolved as of June 30

Huntsman Corporation disclosed in its latest Quarterly Report filed with the Securities and Exchange Commission that as of June 30, 2008, two claims remain unresolved relating to discoloration of unplasticized polyvinyl chloride products allegedly caused by the Company’s titanium dioxide.

The…

HOLLY CORP: Tariff Proceedings v. SFPP in FERC Not Yet Complete

Holly Corp.’s proceedings against SFPP, L.P. in the Federal Energy Regulatory Commission following the U.S. Court of Appeals for the District of Columbia Circuit’s May 2007 decision have yet to be concluded.

On May 29, 2007, the U.S. Court of Appeals…

QWEST COMMS: Payphone Owners Suits v. QC Ongoing in Wash., Utah

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…

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