Pepco Holdings, Inc. is in the early stages of discussions with the U.S. Office of Appeals of the Internal Revenue Service regarding its cross-border energy lease investments.
In 2005, the Treasury Department and IRS issued Notice 2005-13 identifying sale-leaseback transactions with…
The U.S. District Court for the Western District of Washington, on Aug. 12, 2008, granted CACI International Inc.’s motion to transfer the action tagged Al-Ogaidi v. L-3 Services, Inc. et. al. to the U.S. District Court for the Eastern District…
Cardinal Health Inc. and the Drug Enforcement Administration of the U.S. Department of Justice, on Aug. 7, 2008, reached an oral agreement in principle to resolve the license suspensions.
The agreement is subject to the completion of definitive documentation as…
The administrative proceeding commenced by the Director of the Washington State Department of Financial Institutions against Countrywide Financial Corporation remains pending.
The Director alleges, among other things, that the Company did not provide borrowers with certain required disclosures and that…
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…