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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