The Michigan Department of Treasury, based on a Notice of Preliminary Audit Determination, will likely deny the exemption claims and assess additional sales and use tax against ITCTransmission, on top of a sales and use tax audit of ITCTransmission for…
Halliburton Co. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that two shareholder derivative lawsuits in Texas are ongoing.
In May 2009, two shareholder derivative lawsuits involving the company and KBR were…
Korea Electric Power Corporation and its generation subsidiaries, as of Dec. 31, 2008, were engaged in 373 lawsuits as a defendant and 91 lawsuits as a plaintiff.
The total amount of damages claimed against the company was KRW334 billion, for which…
Mirant Americas Generation, LLC disclosed in its latest quarterly report filed with the U.S. Securities and Exchange Commission that on May 1, 2009, Mirant Energy Trading and Southern California Water Company entered into a settlement agreement under which Southern California…
Mirant Americas Generation, LLC disclosed in its latest quarterly report filed with the U.S. Securities and Exchange Commission that a variety of parties, including the state public utility commissions of Maryland, Pennsylvania, New Jersey, and Delaware, ratepayer advocates, certain electric…
Pepco Holdings, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on Feb. 20, 2009, Atlantic City Electric Co. (ACE) filed an application with the New Jersey Board of Public…
Pepco Holdings, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on March 5, 2009, the District of Columbia Public Service Commission (DCPSC) issued an order approving Potomac Electric Power…
Allstate Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that in December 2008, the federal trial court dismissed all the claims against the Company relating to flood exclusion in insurance…
Pepco Holdings, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that in March 2009, the Company reached a settlement with the U.S. Internal Revenue Service for all years (2001 through…
Pepco Holdings, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on Feb. 17, 2009, Potomac Electric Power Co. (Pepco), the Maryland Office of People’s Counsel (OPC) and the Maryland…