Court Backs Duke In $18M Coal Contract Row With Massey

Law360, New York (July 19, 2012, 6:22 PM EDT) -- A West Virginia federal judge on Wednesday handed Duke Energy Corp. subsidiaries a win in their contract fight with Massey Energy Corp. over a coal supply agreement that Duke said ended up costing it $18 million.

U.S. District Court Judge Irene C. Berger ruled that emails between executives at the companies clearly showed that Duke and Massey had agreed on a $54 per ton base price for coal well before an October 2007 deadline, rejecting Massey’s argument that the base price was never formally agreed to...
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