Law360, New York (June 01, 2009, 12:00 AM ET) -- Georgia Power Co. has sued a coal supplier for $64 million, accusing the company of reneging on a contract to deliver millions of tons of coal when prices skyrocketed.
Chas Coal LLC, a Kentucky-based coal company, ran out on a multiyear contract in 2008, which forced Georgia Power to look for an alternate supplier, according to a complaint filed Friday in the U.S. District Court for the Northern District of Georgia. Coal prices shot up that same year, and some types of coal saw their prices...
Georgia Power Hits Coal Co. With $64M Contract Suit
To view the full article, take a free trial now.
