January 5, 2009

TENNESSEE VALLEY: Accrues $46M for Legal Proceedings at Sept. 30

COMPANIES: Tennessee Valley Authority
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Tennessee Valley Authority had accrued about US$46 million with respect to legal proceedings as of Sept. 30, 2008, compared with US$3 million as of Sept. 30, 2007.

The Company also accrued US$5 million with respect to other proceedings that have arisen…

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TOPICS: Commercial Services | Earnings | Legal Issues, Litigation | Loans & Financing | Power Producers/Utilities | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Tennessee | United States