PSI Energy, Inc. v. Exxon Coal USA, Inc.

ENTRY

BARKER, District Judge.

The controversy in this lawsuit centers on the meaning of certain provisions in a contract that PSI Energy, Inc. (“PSI”) and Exxon’s predecessor in interest entered into eighteen (18) years ago, and that the parties modified in 1984. The contract, as amended, in general calls for Exxon Coal to continue to supply PSI with more than three million tons of coal annually for the next ten years at prices that are subject to escalation. Plaintiff PSI asks the Court to enter a declaratory judgment that: (1) the written offer which PSI received from the Black Beauty Coal…