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EX-99.1 - EX-99.1 - SHAW GROUP INCexhibit1.htm
 

 


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 5, 2011

The Shaw Group Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Louisiana 1-12227 72-1106167
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
4171 Essen Lane, Baton Rouge, Louisiana   70809
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   225-932-2500

Not Applicable
______________________________________________
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 January 5, 2001, The Shaw Group Inc. ("Shaw") received a favorable ruling from the Taiwan High Court related to Taiwan Power Company’s Lungmen Nuclear Power Project. The High Court’s ruling affirmed an arbitration award that ordered Taiwan Power Company to pay the Company approximately $27 million in damages for increased costs caused by Taiwan Power Company. The court also dismissed Taiwan Power Company’s counterclaims in their entirety.

The Taiwan Power Company may appeal to the Taiwan Supreme Court, which may or may not decide to hear the appeal if filed. At this time, Shaw is making no adjustments to its financial results or its previously issued earnings guidance.





Item 9.01 Financial Statements and Exhibits.






SIGNATURES

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.

         
    The Shaw Group Inc.
          
January 5, 2011   By:   John Donofrio
       
        Name: John Donofrio
        Title: Executive Vice President, General Counsel and Corporate Secretary


Exhibit Index


     
Exhibit No.   Description

 
99.1
  Press Release dated January 5, 2011