Massey Can't Shake $18M Dispute With Duke Energy

Law360, New York (October 7, 2011, 6:59 PM EDT) -- A West Virginia federal judge refused Friday to toss or transfer a lawsuit in which a group of Duke Energy Corp. subsidiaries have accused Massey Energy Co.'s coal sales unit of costing Duke $18 million by backing out of a coal supply contract.

The Duke units claim in the suit that Massey refused to supply coal to a chemical facility in Narrows, Va., at $54 a ton despite a prior arrangement. Richmond, Va.-based Massey sought to end the lawsuit quickly with the argument that the Duke...
To view the full article, register now.