Stand Energy Corp. v. Cinergy Services, Inc.

This litigation stems from the failure of plaintiff-appellant/cross-appellee Stand Energy Corporation (“Stand Energy”) to deliver specified quantities of bulk electric power to defendant-appellee/cross-appellant Cinergy Services, Inc. (“Cinergy”). Stand Energy and Cinergy each appeal from the trial court’s judgment, reached after a bench trial, declaring the rights of these energy distribution and marketing companies and awarding damages in regard to the sale of bulk electric power pursuant to three agreements: a five megawatt (“MW”) contract, a one-hundred MW contract, and a letter of intent.