Calif. Utilities Win Bid To Pursue $35M Crisis Claims

Law360, New York (June 1, 2010, 12:21 PM EDT) -- A California appeals court has handed a win to three investor-owned utilities in an ongoing contractual dispute over whether the utilities overpaid defendant Arizona Electric Power Cooperative Inc. to keep the lights on during the state's 2000 energy crisis.

The Court of Appeal of the State of California on Wednesday reversed an April 2008 judgment in the Superior Court of Los Angeles County that held Pacific Gas and Electric Co., Southern California Edison Co. and San Diego Gas & Electric Co. should have challenged the defendant's...
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