The US Court of Appeals for the Eighth Circuit has recently confirmed the validity of term provisions in wholesale power contracts between generation and transmission cooperatives and their member distribution cooperatives....more
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
10/19/2018
/ Appeals ,
Breach of Contract ,
Bylaws ,
Dismissals ,
Electric Cooperative ,
Federal Funding ,
Jurisdiction ,
Patronage Capital ,
Putative Class Actions ,
Removal ,
Utilities Sector
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