Sigmon Fuel Company v. Tennessee Valley Authority

CONTIE, Circuit Judge.

Sigmon Fuel Company, an assignee of the proceeds of a coal mining contract between the Tennessee Valley Authority (TVA) and J.L. Thacker, Inc. (Thacker), appeals from the district court’s order granting the TVA’s motion for summary judgment, 531 F.Supp. 80 (E.D.Tenn.1982), and an order denying Sigmon Fuel’s subsequent Fed.B. Civ.P. 59 motion to alter or amend judgment. The sole issue necessary for our determination is whether the TVA was barred by the Assignment of Claims Act of 1940, 31 U.S.C. § 203 and 41 U.S.C. § 15, from recovering amounts previously paid out for…