Pennington v. Zionsolutions LLC

POSNER, Circuit Judge.

This is a class action suit on behalf of purported beneficiaries of a “decommissioning trust” (actually four such trusts, but that’s an immaterial detail, so we’ll ignore it and pretend they’re one) created by Commonwealth Edison, the large electrical utility, to fund the decommissioning of its now-shuttered nuclear power plant in Zion, Illinois. Jurisdiction is based on diversity of citizenship and the applicable substantive law is Illinois’s, though federal regulation of decommissioning lurks in the background. The plaintiffs and the other class members are ComEd…