Insights
Client Alert
Supreme Court Ruling Provides Power Contract Protection
July 07, 2008
Bill DeGrandis, Chuck Patrizia and Emily Abbott
On June 26, 2008, in Morgan Stanley Capital Group, Inc. v. Public Utility District No. 1 of Snohomish County et al., the Supreme Court clarified the standard of review that the Federal Energy Regulatory Commission should apply to bilateral wholesale electricity contracts.
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