Hydroelectric Co. Catalyst Settles Barge Damage Claims

Law360, Washington (January 31, 2012, 3:45 PM EST) -- Hydroelectric firm Catalyst Old River Hydroelectric LP has reached a settlement with a barge and towboat company in a legal dispute over damage resulting from a 2007 accident that caused the partial shutdown of a plant along the Mississippi River, according to a court filing Monday.

No settlement details were released by Catalyst or the defendants, American River Transportation Co. and Ingram Barge Co. But the resolution was amicable, and the parties will shoulder their own legal costs, according to the motion seeking to dismiss the...
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