HALLIBURTON CO: Barracuda-Caratinga Arbitration v. KBR Pending

Halliburton Company’s KBR, Inc. subsidiary is still facing Petrobras’ arbitration, which was commenced in March 2006, related to the Barracuda-Caratinga project.

The Company provided indemnification in favor of KBR under the master separation agreement for all out-of-pocket cash costs and expenses…

HEADWATERS RESOURCES: Arbitration Demand vs Carmelo Pending

Headwaters Inc. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that that arbitration demand filed by its Headwaters Resources, Inc. (HRI) subsidiary is still pending.

HRI entered into a fly ash supply…

HALLIBURTON CO: Reports Stanley’s Admission to Bid-rigging Acts

The Department of Justice, in September 2008, informed Halliburton Company and KBR Inc. that A. Jack Stanley admitted to bid-rigging, claimed that others knew about it, and stated that the DOJ feels it has a viable wire fraud case based…

HALLIBURTON CO: FCPA Investigations by SEC & DOJ Continue

Halliburton Company reports that the Securities and Exchange Commission’s and the Department of Justice’s reviews regarding the U.S. Foreign Corrupt Practices Act are ongoing.

The SEC is conducting a formal investigation into whether improper payments were made to government officials in…

TRC COS: Worth Construction’s Appeal to Junked Lawsuit Pending

Worth Construction, Inc.’s appeal over the decision dismissing its lawsuit against TRC Companies Inc. is pending.

The suit, filed in 2007, is styled Worth Construction, Inc. v. TRC Engineers, Inc., TRC Environmental Corporation and TRC Companies, Inc., New York Supreme Court,…

AMEREN CORP: 3 Rate Cases Pending with Ill. Commerce Commission

The November 2007 rate cases filed by Ameren Corp.’s subsidiaries, Central Illinois Public Service Company, Central Illinois Light Company and Illinois Power Company, are pending with the Illinois Commerce Commission.

In March and May 2008, Caterpillar Inc., in conjunction with other…

MODINE MFG: Ruling in Mexican Tax Appeal Entered in Fiscal 2009

Modine Manufacturing Company says that the outcome of a Mexican tax appeal, which was decided subsequent to the end of the first quarter of fiscal 2009, was favorable to the Company.

In June 2004, the Servicio de Administracion Tributaria in Nuevo…

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