Power-Supply Suit Shows Risks In Public-Private Development
Law360, Dallas (February 7, 2014, 9:03 PM EST) -- Two Texas appeals court decisions limiting the right to sue of a power consultant on an energy plant project for the city of Lubbock, Texas, highlight the risks companies face in working with governments and the need to be proactive about potential liabilities, experts said Friday.
With millions at stake even in the initial stages of project development, it's important that companies protect their interests and avoid the unfortunate scenario of losing their investments because the city or political subdivision they're working with has immunity from their claims. Experts say recent precedent from Texas appeals courts helps define where the boundaries...
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