0001515316-11-000044.txt : 20111011 0001515316-11-000044.hdr.sgml : 20111010 20111011170356 ACCESSION NUMBER: 0001515316-11-000044 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111005 ITEM INFORMATION: Other Events FILED AS OF DATE: 20111011 DATE AS OF CHANGE: 20111011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRC COMPANIES INC /DE/ CENTRAL INDEX KEY: 0000103096 STANDARD INDUSTRIAL CLASSIFICATION: HAZARDOUS WASTE MANAGEMENT [4955] IRS NUMBER: 060853807 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09947 FILM NUMBER: 111136032 BUSINESS ADDRESS: STREET 1: 21 GRIFFIN ROAD NORTH CITY: WINDSOR STATE: CT ZIP: 06095 BUSINESS PHONE: 8602986212 MAIL ADDRESS: STREET 1: 21 GRIFFIN ROAD NORTH CITY: WINDSOR STATE: CT ZIP: 06095 FORMER COMPANY: FORMER CONFORMED NAME: VAST INC /DE/ DATE OF NAME CHANGE: 19761201 8-K 1 trcform8karenatowersruling.htm FORM 8-K TRC Form 8K Arena Towers Ruling


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

United States
Securities and Exchange Commission
Washington, DC 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 5, 2011
 
TRC COMPANIES, INC.
(Exact name of registrant as specified in its charter)
Delaware
1-9947
06-0853807
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

21 Griffin Road North, Windsor, Connecticut 06095
(Address of Principal Executive Offices) (Zip Code)
(860) 298-9692
(Registrant's telephone number, including area code)
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 






Item 8.01. Other Events.
On October 5, 2011 the Court in the case of The Arena Group, L.P. v. TRC Environmental Corporation and TRC Companies, Inc. issued an Order granting the Company's motion to disregard $7.4 million of the $15.7 million verdict returned against the Company in June, 2011. As previously disclosed, the case involved a former landlord seeking damages for alleged breach of a lease for certain office space in Houston, Texas. The Company is assessing the impact of the ruling on its previously established litigation reserve.
On October 7, 2011, the Company received notice from the IRS informing it that the Joint Committee on Taxation approved a settlement that had been reached with the Internal Revenue Service.  The Company is currently evaluating the impact of the approved settlement and expects that it will have a significant favorable impact on the reserve for uncertain tax positions.



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 11, 2011            TRC Companies, Inc.

                        
By:    /s/ Thomas W. Bennet, Jr.    
Thomas W. Bennet, Jr.
Senior Vice President and
Chief Financial Officer