Watson Water Company, Inc. v. Indiana-American Water Company, Inc.

Watson Water Company, Inc., and Indiana-American Water Company, Inc., are water utility companies serving customers- in Clark County. Watson and IAWC executed an agreement in 1997, later amended, in 2003, for the construction of a water main, and then,.additionally, for the purchase of a certain volume of water. When Watson stopped performing under the terms of the contract,..IAWC sued Watson for breach and for failure to properly exercise a right-of-first-refusal clause in the contract. Watson counterclaimed, arguing that it was due a refund of payments made to IAWC beyond the cost of…