Legal Opinion
In Re Investigation Into the Existing Rates of Vermont Telephone Co.
Supreme Court of Vermont
Decided August 27, 1999No. 98-332PublishedCited by 5 opinions
1Opinion of the CourtAmestoy, C.J.
Appellant Vermont Telephone Company (VTel) appeals from a Public Service Board order requiring VTel to eliminate over a ten-year amortization period the value of what the Board characterized as a goodwill cost in the purchase price to be borne by the shareholders and not the ratepayers. We affirm.
This matter arises out of the sale of Contel of Vermont, Inc.’s (Contel) assets to three separate operating companies, one of which was VTel, and the impact of the structure of the acquisition on the rate base. The three acquiring companies sought permission from the Board to acquire Contel’s assets…
2Cases cited8 opinions
- Newark Morning Ledger Co. v. United StatesSupreme Court of the United States · 1993
- Metropolitan Bank v. St. Louis Dispatch Co.Supreme Court of the United States · 1893
- Trepanier v. Getting Organized, Inc.Supreme Court of Vermont · 1990
- Cold Springs Farm Development, Inc. v. BallSupreme Court of Vermont · 1995
- Petition of Central Vt. Public Service Corp.Supreme Court of Vermont · 1982
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3Cited by5 opinions
- American Electric Power Co. v. Public Utility Commission, Texas Court of Appeals, 3rd District (Austin)2004
- In re Appeal of Investigation into Existing Rates of Shoreham Telephone Co.Supreme Court of Vermont · 2006
- American Electric Power Company, Inc. and TXU Electric Company v. Public Utility Commission of Texas, Texas Court of Appeals, 3rd District (Austin)2003
- American Electric Power Company, Inc. and TXU Electric Company v. Public Utility Commission of Texas, Texas Court of Appeals, 3rd District (Austin)2003
- In re Investigation into Existing Rates of Shoreham Telephone Co., Inc.Supreme Court of Vermont · 2006