Utility countersued over bankruptcy of Florida plants

Molis, Jim
January 1998
Bond Buyer;01/27/98, Vol. 323 Issue 30318, p1
Trade Publication
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.


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