TITLE

Utility countersued over bankruptcy of Florida plants

AUTHOR(S)
Molis, Jim
PUB. DATE
January 1998
SOURCE
Bond Buyer;01/27/98, Vol. 323 Issue 30318, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the lawsuit filed by the partnerships behind two bankrupt power plants in Palm Beach, Florida against Florida Power & Light Co. for the utility's refusal to honor a power supply contract which allegedly led to the largest municipal default in the state's history. Total worth of damages sought by the partnerships; Features of the power supply contract being disputed.
ACCESSION #
174658

 

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