CenterPoint Energy, Inc. or its subsidiaries have been named, along with numerous others, as a defendant in lawsuits filed by a number of individuals who claim injury due to exposure to asbestos.
Some facilities owned by the Company contain or have…
The family of the late James Lee Purks (Patricia, Robert, Gary and Bryan Purks), on Aug. 4, 2011, filed an asbestos suit Mr. Purks’ former employer, Texaco, in Jefferson County District Court, Tex., The Southeast Texas Record reports.
According to the…
Enbridge Energy Partners, L.P. has US$49.9 million as of June 30, 2011 and US$44.2 million as of Dec. 31, 2010 included in “Other long-term liabilities.”
The Company has accrued liabilities for costs it has incurred primarily to address remediation of contaminated…
On behalf of Homer Fitts, Eunice Fitts filed an asbestos lawsuit against Texaco and Chevron USA last June 23, 2011 in Jefferson County District Court, Tex., The Southeast Texas Record reports.
According to the lawsuit, Mr. Fitts was employed by Texaco…
CenterPoint Energy Resources Corp. or its predecessor companies is still named, along with numerous others, as defendant in lawsuits filed by certain individuals who claim injury due to exposure to asbestos during work at such formerly owned facilities.
Some facilities formerly…
CenterPoint Energy, Inc. or its subsidiaries have been named, along with numerous others, as a defendant in lawsuits filed by a number of individuals who claim injury due to exposure to asbestos.
Some facilities owned by the Company contain or have…
Southern Star Central Corp.’s Central subsidiary, at March 31, 2011, recorded an asset retirement obligation liability of US$1.7 million and a corresponding regulatory asset of US$1 million.
Central recorded an ARO for the remediation of asbestos existing on its system. The…
Xcel Energy Inc.’s asset retirement obligations for steam production asbestos were US$93,629,000 during the 12 months ended Dec. 31, 2010, compared with US$95,093,000 during the 12 months ended Dec. 31, 2009.
The Company’s AROs for common general plant asbestos were US$1,077,000…
At Dec. 31, 2010, Southern Star Central Corp.’s regulatory asset was US$1 million and its related asset retirement obligation liability was US$1.6 million.
In 2005, in accordance with the Financial Accounting Standards Board (FASB), Interpretation concerning Accounting for Conditional Asset Retirement…
Fred Brinkman Jr., on behalf of his father Fred Brinkman, on Aug. 23, 2010, filed an asbestos-related lawsuit against 45 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Some of the defendants named in the suit…