May 29, 2009

ASBESTOS LITIGATION: Duke Energy Cites $1.019B Carolinas Reserve

COMPANIES: Duke Energy Carolinas LLC | Duke Energy Corp
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Amounts recognized as asbestos reserves related to Duke Energy Corporation subsidiary, Duke Energy Carolinas, LLC, in the Consolidated Balance Sheets totaled about US$1.019 billion as of March 31, 2009 and US$1.031 billion as of Dec. 31, 2008.

The Company has experienced…

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TOPICS: Asbestos | General News | Legal Issues, Litigation | Power Producers/Utilities
LOCATIONS: North Carolina | United States