BAKER HUGHES: Derivative Suit Pending in Texas District Court

Baker Hughes Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that it is facing a pending lawsuit brought by the Oppenheim Kapitalanlagegesellschaft Mbh and Midwestern Teamsters Pension Trust Fund is pending…

BAKER HUGHES: Chris Larson’s Amended Suit Dismissed on Sept. 15

The 215th District Court of Harris County, Texas dismissed a lawsuit brought by Chris Larson against Baker Hughes Inc. on Sept. 15, 2008, according to the company’s latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission.

On…

CLOUD PEAK ENERGY: Decker in Dispute with MMS on Coal Royalties

Decker Coal Company, a joint venture in which Cloud Peak Energy Inc. owns a 50% interest, remains engaged in disputes with the Minerals Management Service (MMS) related to collection of royalties on coal produced from federal coal leases.

The MMS, a…

BHP BILLITON: Dispute over ATO’s Taxing Point Assessment Ongoing

BHP Billiton Limited’s subsidiary BHP Billiton Petroleum (Bass Strait) Pty. Ltd. continues to pursue the litigation it filed in the Federal Court of Australia against the Australian Taxation Office.

The action is disputing the ATO’s assessment of the taxing point for…

BHP BILLITON: FMG’s Application on Goldsworthy Railway Pending

Fortescue Metals Group Limited’s further application to the National Competition Council on the declaration of the whole of the Goldsworthy railway line is pending, according to BHP Billiton Limited’s Annual Report on Form 20-F filed with the U.S. Securities and…

BHP BILLITON: Lomas Pension Lawsuit v. Unit Continues in Canada

Alexander E. Lomas’ lawsuit filed against BHP Billiton Limited’s subsidiary, Rio Algom Limited, is ongoing in Canada.

Mr. Lomas is a retired member of the Pension Plan for Salaried Employees of Rio Algom Mines Limited.

In June 2003, Mr. Lomas filed a…

BHP BILLITON: Oct. 3 Directions Hearing Set for Tax Evaluations

A directions hearing is set for Oct. 3, 2008 and for trial on April 20, 2009, on the Australian Taxation Office’s assessments against BHP Billiton Finance Ltd. in respect of 1999 through 2002 financial years.

BHP Billiton Finance is a BHP…

BHP BILLITON: Ruling in Bid over Railway Line Suit Still Pending

The Full Court of the Federal Court has yet to issue its decision regarding BHP Billiton Iron Ore Pty. Ltd.’s appeal from the decision declaring that neither the Mt. Newman line nor the Goldsworthy line was part of a ‘production…

DUKE ENERGY: Faces Inupiat Village Suit on Global Warming Claims

Duke Energy Corp. defends itself in the lawsuit brought by the governing bodies of an Inupiat village in Alaska, alleging that the Company conspired to mislead the public with respect to global warming.

On Feb. 26, 2008, plaintiffs filed suit…

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