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Article: AEP, Peabody Energy Settle Outstanding Litigation; Companies Reach Agreements on New Coal Supply Pacts.
- Article from:
- PR Newswire
- Article date:
- December 15, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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American Electric Power and Peabody Energy Corp. have agreed to settle outstanding litigation related to disputes about terms of existing coal supply agreements.
Lawsuits settled were: Caballo Coal Company, et al. v. Indiana Michigan Power Company, et al., originally filed in the Eastern Division of the U.S. District Court for the Eastern District of Missouri but pending on appeal in the U.S. Court of Appeals for the Eighth Circuit; and Powder River Coal Company, et al. v. Indiana Michigan Power Company, et al, pending in the Eastern Division of the U.S. District Court for the Eastern District of Missouri.
The companies also signed six new coal ...