March 17, 2009

WHIRLPOOL CORP: Appeal on BRL283Mil Collection Pending in Brazil

COMPANIES: Whirlpool Corp
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Whirlpool Corporation’s appeal of the Brazilian lower court’s ruling on a BRL283 million (US$121 million, based on recent exchange rates) collection in favor of a financial institution is pending.

In 1989, a Brazilian affiliate (now a subsidiary) brought an action against…

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TOPICS: Appliances/Funiture/Home Furnishings | Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Michigan | United States