-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NLFW42B4u7hW5cp2T5ZuZShCpiJtcc84p2Uc/edL+8LoEbwelulPxhIlLJvpPBRP nsHKmJ98+hRZEU0BtcI+Wg== 0001104659-07-006130.txt : 20070131 0001104659-07-006130.hdr.sgml : 20070131 20070131155959 ACCESSION NUMBER: 0001104659-07-006130 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070131 ITEM INFORMATION: Other Events FILED AS OF DATE: 20070131 DATE AS OF CHANGE: 20070131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Duke Energy CORP CENTRAL INDEX KEY: 0001326160 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 202777218 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32853 FILM NUMBER: 07568185 BUSINESS ADDRESS: STREET 1: 526 SOUTH CHURCH STREET STREET 2: EC03T CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-382-8114 MAIL ADDRESS: STREET 1: 1209 ORANGE STREET CITY: WILMINGTON STATE: DE ZIP: 19801 FORMER COMPANY: FORMER CONFORMED NAME: Duke Energy Holding Corp. DATE OF NAME CHANGE: 20050628 FORMER COMPANY: FORMER CONFORMED NAME: Deer Holding Corp. DATE OF NAME CHANGE: 20050504 8-K 1 a07-2968_18k.htm 8-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  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): January 31, 2007

DUKE ENERGY CORPORATION
 (Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

1-32853

 

20-2777218

(State or Other Jurisdiction
of Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

526 South Church Street, Charlotte, North Carolina 28202-1904
(Address of Principal Executive Offices, including Zip code)

(704) 594-6200
(Registrant’s telephone number, including area code)

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:

o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o     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 January 31, 2007, Spectra Energy Corp (“Spectra Energy”) announced that it had settled its contract dispute with Citrus Trading Corporation (“Citrus”) and agreed to pay Citrus $100 million.  This litigation was a contingency matter of a subsidiary of Duke Energy Corporation (“Duke Energy”) on December 31, 2006, and as a result, Duke Energy will recognize a reserve as of December 31, 2006, in the amount of $100 million.  Duke Energy had previously announced in December 2006 that it had made a settlement offer related to this matter and would recognize a reserve of $45 million.  This contingency matter was assigned to Spectra Energy in connection with Duke Energy’s separation of Spectra Energy on January 2, 2007, and under the terms of the separation agreements, Spectra Energy bears the financial liability for the settlement.  As a result of the settlement and separation agreements, Duke Energy does not expect any future charges or other obligations related to this matter.



SIGNATURE

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

DUKE ENERGY CORPORATION

 

 

Date: January 31, 2007

By:

/s/ Steven K. Young

 

Name:

Steven K. Young

 

Title:

Senior Vice President and Controller

 


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