HOLLY CORP: OHSRC Says Navajo Tank Hearing May Commence Sept. 5

In connection to the Navajo Tank Fire incident, New Mexico’s Occupational Health and Safety Review Commission (OHSRC) granted a joint request that a hearing commence no sooner than September 5, 2011, but the specific hearing date has not yet been…

HOLLY CORP: Initial Decision Says SFFP’s Rate Hike Unjust

The Administrative Law Judge that presided over the evidentiary hearing issued an initial decision on February 10, 2011 holding that certain elements of SFPP LP’s rate increases are unjust and unreasonable, Holly Corporation disclosed in its latest quarterly report on…

HOLLY CORP: Trial Dates for Navajo Tank Fire Incident Set

Holly Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that trial dates related to the Navajo Tank Fire incident have been set.

On March 2, 2010, a tank caught fire while…

WILLIAMS COMPANIES: Liberty Gas Files US$200 Million Counterclaim

Liberty Gas Storage (Liberty) asserted in February 2011 a counterclaim for costs in excess of US$200 million associated with its use of The Williams Companies, Inc.’s facilities.

In 2003, the company entered into an agreement to sublease certain underground storage facilities…

WILLIAMS COMPANIES: Texas Court Upholds Gulfs Liquid Decision

The Williams Companies, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that with regards to Gulfs Liquids litigation, on February 17, 2011, the Texas Court of Appeals upheld the dismissals…

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…

GOLDMAN SACHS: Enron Trustee’s $6.95M Settlement OK’d on Jan. 21

The U.S. Bankruptcy Court for the Southern District of New York, on Jan. 21, 2009, approved Goldman Sachs & Co.’s US$6.95 million settlement with Enron Corp.’s bankruptcy trustee.

GS&Co. is a subsidiary of The Goldman Sachs Group, Inc.

GS&Co. is among numerous…

BJ SERVICES: Case With Regional Controller Settled in July 2008

BJ Services Company, in July 2008, settled with its former Regional Controller in a one count theft case in Singapore. The Controller has made a payment to the Company.

In May 2007, the former Region Controller pleaded guilty to one count…

BJ SERVICES: Probes on Foreign Corrupt Practices Act Law Ongoing

BJ Services Company says the U.S. Department of Justice, the U.S. Securities and Exchange Commission, and other authorities’ investigations, under the U.S. Foreign Corrupt Practices Act, are ongoing.

The DOJ, SEC and other authorities have a broad range of civil and…

BJ SERVICES: Probe on Asia Pacific Fund Misappropriation Ongoing

The U.S. Department of Justice and the U.S. Securities and Exchange Commission’s review of alleged misappropriation of Company funds in the Asia Pacific Region is ongoing.

In October 2004, the Company received a report from a whistleblower alleging that the Company’s…

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