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…