Shaw, GenOn Trade Judgment Bids In $1B Contract Dispute

Law360, New York (December 23, 2011, 3:57 PM EST) -- Stone & Webster Inc. and two GenOn Energy Inc. units traded blows Thursday over whether GenOn owes the engineering contractor $1.1 billion in unpaid funds for a contract to install pollution control equipment on three power plants.

Stone & Webster — referred to by the name of its parent, Shaw Group Inc. — was initially sued by GenOn for allegedly overcharging on a contract to install new pollution control systems on the plants, which are based in Maryland and burn coal, oil and natural gas. The...
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