November 27, 2009

ASBESTOS UPDATE: Duke Energy Records $992Mil Carolinas Reserves

COMPANIES: Duke Energy Carolinas LLC | Duke Energy Corp
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Duke Energy Corporation reserved US$992 million as of Sept. 30, 2009 (US$1.031 billion as of Dec. 31, 2008) for asbestos matters of its Duke Energy Carolinas, LLC subsidiary.

The Company has claims for indemnification and medical cost reimbursement relating to damages…

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