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Patronage Capital

Eversheds Sutherland (US) LLP

Litigation update on Alabama patronage capital cases

A recent Alabama Supreme Court decision has handed an important victory to electric cooperatives defending their patronage capital practices in the state. The court affirmed the trial court’s dismissal in Recherche LLC v....more

Eversheds Sutherland (US) LLP

Patronage capital update

The federal courts of appeals have generally recognized that electric cooperatives can retire patronage capital to their members through means other than annual cash payments. For example, the US Court of Appeals for the...more

Eversheds Sutherland (US) LLP

Patronage capital case dismissed

Pennsylvania’s REA Energy Cooperative, Inc. obtained dismissal of a putative class action lawsuit last year, a decision that was recently confirmed by the US District Court for the Western District of Pennsylvania. The...more

Eversheds Sutherland (US) LLP

Recent Pro-Cooperative Decisions in Class Action Patronage Capital Cases

Cooperatives facing patronage capital lawsuits have recently enjoyed a series of favorable court opinions. Over the past few months, the Eleventh Circuit and state and federal courts in Florida have all dismissed claims for...more

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