JPMorgan Says Texas Wind Farm Can't Dodge $71M Storm Bill

Law360 (March 23, 2021, 10:15 PM EDT) -- JPMorgan Chase Bank lobbed counterclaims on Tuesday at a Texas wind farm suing to escape a $71 million bill it received from the bank after last month's deadly winter storm sent energy prices skyrocketing, saying the wind farm breached its energy contract and caused over $79 million in damages.

Canadian Breaks LLC, which operates a 210.1-megawatt wind farm outside Amarillo, claims that the Valentine's Day storm that left millions in the dark for days when Texas experienced a record-breaking cold snap that led to death and property damage triggered the force majeure exception to a hedge contract that the wind farm signed...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!