Legal Opinion

Util. L. Rep. P 13,930 Wabash Valley Power Association, Inc., an Indiana Not-For-Profit Corporation v. Rural Electrification Administration

Court of Appeals for the Seventh Circuit

Decided March 16, 1993No. 91-3673PublishedCited by 23 opinions

1Opinion of the Court

FLAUM, Circuit Judge.

The history of this appeal from a grant of summary judgment against the Rural Electrification Administration (“REA”) is long and unhappy. In 1978 the REA approved $360 million in loan guarantees to the power supply cooperative Wabash Valley Power Association (“Wabash Valley”) to invest in a 17-percent share of the Marble Hill nuclear power facility. The Public Service Company of Indiana owned the other 83-percent share. Subsequently, the REA committed to additional guarantees of $588 million to Wabash Valley’s Marble Hill venture, for a total of $948 million in loan…

2Cases cited35 opinions

  1. Allen v. McCurrySupreme Court of the United States · 1980
  2. Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
  3. Rice v. Santa Fe Elevator Corp.Supreme Court of the United States · 1947
  4. Federated Department Stores, Inc. v. MoitieSupreme Court of the United States · 1981
  5. Fidelity Federal Savings & Loan Ass'n v. De La CuestaSupreme Court of the United States · 1982

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3Cited by23 opinions

  1. Reid v. Johnson & Johnson & McNeil Nutritionals, LLCCourt of Appeals for the Ninth Circuit · 2015
  2. Northeastern Rural Electric Membership Corp. v. Wabash Valley Power Ass'nCourt of Appeals for the Seventh Circuit · 2013
  3. Time Warner Cable v. DoyleCourt of Appeals for the Seventh Circuit · 1995
  4. In re Wabash Valley Power Ass'nCourt of Appeals for the Seventh Circuit · 1995
  5. United States v. Cajun Electric Power Cooperative, Inc.Court of Appeals for the Fifth Circuit · 1997

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