Global Power Equipment Group Inc. has been named as a defendant in a limited number of asbestos personal injury lawsuits, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 16, 2011.
Neither the Company nor…
Hawaiian Electric Industries, Inc.’s Hawaiian Electric Company, Inc. (HECO) subsidiary recorded asset retirement obligations of US$48,714,000 as of March 31, 2011, compared with US$23,985,000 as of March 31, 2010.
AROs recognized by HECO and its subsidiaries relate to obligations to retire…
Ameren Corporation and its subsidiaries faced 83 asbestos-related lawsuits as of March 31, 2011, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 10, 2011.
The Company, Ameren Missouri, Ameren Illinois Company and EEI have…
The U.S. Supreme Court, on June 6, 2011, reinstated a lawsuit by a group of mutual and pension fund investors who claimed Halliburton Co. understated its asbestos liabilities while overstating revenues in its engineering and construction business and the benefits…
About 485 individuals who were never employees of Constellation Energy Group, Inc. or Baltimore Gas and Electric Company have pending asbestos claims, each seeking several million dollars in compensatory and punitive damages.
Since 1993, BGE and certain Company subsidiaries have been…
Pepco Holdings, Inc.’s Potomac Electric Power Company (Pepco) subsidiary, as of March 31, 2011, continues to face about 180 asbestos cases pending in the State Courts of Maryland.
Of the 180 cases, about 90 cases were filed after Dec. 19, 2000,…
Duke Energy Corporation’s Duke Energy Indiana, Inc. subsidiary has been named as a defendant or co-defendant in lawsuits related to asbestos at its electric generating stations, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…
Certain of Mueller Water Products, Inc.’s subsidiaries have been named as defendants in asbestos-related lawsuits, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 9, 2011.
Mueller Water Products, Inc. operates in three business segments:…
IPALCO Enterprises, Inc.’s subsidiary, Indianapolis Power & Light Company (IPL), is a defendant in a little less than 50 pending lawsuits alleging personal injury or wrongful death stemming from exposure to asbestos and asbestos containing products formerly located in IPL…
Duke Energy Corporation’s Duke Energy Carolinas, LLC subsidiary reserved US$841 million as of March 31, 2011 for asbestos-related claims, compared with US$853 million as of Dec. 31, 2010.
Duke Energy Carolinas has experienced numerous claims for indemnification and medical cost reimbursement…