Legal Opinion

Washington Electric Cooperative, Inc. v. Paterson, Walke & Pratt, P.C.

Court of Appeals for the Second Circuit

Decided February 9, 1993No. 590, Docket 92-7807PublishedCited by 2 opinions

1Opinion of the Court

McLAUGHLIN, Circuit Judge:

The Massachusetts Municipal Wholesale Electric Company (“MMWEC”), a public corporation and political subdivision of the Commonwealth of Massachusetts, plans and finances the acquisition of bulk power supplies, consisting of ownership interests in electric power facilities. MMWEC executes contracts — so-called Power Sales Agreements (“PSAs”) — with giant power consumers, such as utilities, electric cooperatives, and municipalities, who agree to purchase electricity from MMWEC. MMWEC typically issues bonds to finance its acquisition of electric generating facilities,…

2Cases cited10 opinions

  1. State Farm Fire & Casualty Co. v. TashireSupreme Court of the United States · 1967
  2. TEXAS v. FLORIDA Et Al.Supreme Court of the United States · 1939
  3. New York Life Insurance Co. v. Connecticut Development Authority and Minority Equity Capital Corp., and Rupert C. SterlingCourt of Appeals for the Second Circuit · 1983
  4. Libby, McNeill, & Libby v. City National BankCourt of Appeals for the Ninth Circuit · 1978
  5. F. C. Gaines, Jr. v. Sunray Oil Company, Amtel, Inc. v. E. Paul Wilkinson and J. Howard Marshall, as Individuals and as the Executive AssociatesCourt of Appeals for the Eighth Circuit · 1976

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3Cited by2 opinions

  1. Vincent Metro, LLC v. Yah Realty, LLCSupreme Court of Connecticut · 2010
  2. Washington Electric Cooperative, Inc. v. Paterson, Walke & Pratt, P.C.Court of Appeals for the Second Circuit · 1993

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