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Expert Analysis

Supreme Court Provides Power Contract Protection

Law360 (July 11, 2008, 12:00 AM EDT) -- On June 26, 2008, in Morgan Stanley Capital Group Inc. v. Public Utility District No. 1 of Snohomish County et al. ("Morgan Stanley v. Snohomish"), the Supreme Court clarified the standard of review that the Federal Energy Regulatory Commission ("FERC" or "Commission") should apply to bilateral wholesale electricity contracts....

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