QEP CO: Rosebery’s Action Over Benzene Exposure Pending in N.Y.

The lawsuit captioned John Rosebery et al v. 3M Marine, et al., Index No. 21464/07, is pending in the New York Supreme Court, County of Suffolk, according to Q.E.P. Co. Inc.’s Form 10-Q, filed with the Securities and Exchange Commission,…

MAHANAGAR TELEPHONE: Still Faces Claims by PRM Service Providers

Mahanagar Telephone Nigam Ltd. faces claims aggregating INR366.39 million from Premium (PRM) service providers WorldPhone Pvt. Ltd., Voice Infotech, and ITC Ltd.

These claims arise from the contract for PRM services, which were started in the year 1999-2000.

The Company…

MIZUHO FINANCIAL: Indonesian Unit in Dispute Over Foreclosure

Mizuho Financial Group, Inc.’s Indonesian subsidiary, acting as collateral agent for the trustee of bond issuances made by subsidiaries of Asia Pulp & Paper Company Ltd., is facing disputes between the bondholders and the APP subsidiaries.

In that role, the…

DOMTAR CORP: George Weston Suit v. Unit in Canada Still Ongoing

The suit filed on June 12, 2007 by George Weston Limited against Domtar Inc. in the Superior Court of Justice of the Province of Ontario, Canada, is still ongoing.

Domtar Inc. is Domtar Corp.’s subsidiary.

The claim alleges that the consummation of…

DOMTAR CORP: Status on Union Protests Over Mill Closure Pending

Domtar Corp. remains in the assessment process regarding its positions with respect to the grievances raised by certain unions in relation to Weyerhaeuser Company’s closure of its pulp and paper mill in Prince Albert, Saskatchewan.

In the early part of 2006,…

DOMTAR CORP: Seeks License Rights Restoration of Unit’s Sawmills

Domtar Corp. is seeking the reinstatement through formal legal proceedings of the license rights of its subsidiary, Domtar Inc.’s sawmills.

On Oct. 1, 2007, Domtar Inc. received a written notice from the Minister of Natural Resources and Wildlife for the province…

BUCKEYE TECH: To Face K.T. Equipment’s Breach Claim in Tennessee

Buckeye Technologies, Inc. intends to defend against a breach claim filed by K.T. Equipment (International)(K.T.), Inc. in the U.S. District Court, Western District of Tennessee.

On Jan. 3, 2008, K.T. filed the claim, in which K.T. alleged that the Company breached…

PAPERWEIGHT DEVELOPMENT: $22.3M Received by Appleton in April

Paperweight Development Corp. says that its subsidiary, Appleton Papers Inc., received US$22.3 million of income, net of fees, as the proceeds in a coverage claim involving several insurers in April 2008.

In 1996, Appleton was named as a defendant in…

PAPERWEIGHT DEVELOPMENT: Awaits Ruling on Antidumping Petitions

Paperweight Development Corp. expects the final determination on injury and duties in September or October 2008 regarding imports of low-priced products from China, Germany and Korea.

Prices for lightweight thermal papers have been adversely affected by increased imports of low-priced…