Dismisses

The U.S. District Court for the Western District of North Carolina dismissed a consolidated class action lawsuit against Duke Energy that alleged breach of fiduciary duty related to the company’s retirement savings plan and the impact on Duke Energy common stock by the company’s disclosure of 89 round-trip gas and power trades.

The National Energy Board (NEB) has dismissed TransCanada PipeLines request for a review of the board’s June 2002 decision on the pipelines 2002 Fair Return Application (RH-4-2001). In its order, the NEB sharply lowered the pipeline company’s proposed toll increase and requested rate of return. Last week’s decision comes as the latest chapter in what has been a two-year dispute.

The National Energy Board (NEB) has dismissed TransCanada PipeLines request for a review of the board’s June 2002 decision on the pipelines 2002 Fair Return Application (RH-4-2001). In its order the NEB sharply lowered the pipeline company’s proposed toll increase and requested rate of return. Thursday’s decision comes as the latest chapter in what has been a two-year dispute.

The Public Utility District No. 1 (PUD) of Snohomish County, WA, struck out a second time last Monday in its attempts to collect damages for high-priced power or renegotiate contracts signed during the western energy crisis. Monday’s loss came in the form of the dismissal of its case by a U.S. district judge in California. The judge ruled that the claims made by the PUD against power suppliers are preempted by FERC’s regulatory authority.

A FERC administrative law judge (ALJ) urged the full Commission last Thursday to dismiss a series of complaints brought by power companies in Nevada, California and Washington seeking to reform above-market electric contracts that they entered into with generators during the height of the western energy crisis in 2000 and 2001.

Ending nearly a year-long skirmish between the executive and legislative branches of government, a federal judge ruled last Monday Vice President Dick Cheney does not have to turn over information and records on meetings with energy executives and companies that aided a Cabinet-led task force in developing the Bush administration’s national energy policy.

Ending nearly a year-long skirmish between the executive and legislative branches of government, a federal judge ruled Monday Vice President Dick Cheney doesn’t have to turn over information and records on meetings with energy executives and companies that aided a Cabinet-led task force in developing the Bush administration’s national energy policy.

Southern Union Co. announced Monday that U.S. District Court Judge Roslyn O. Silver, in Phoenix has issued a Jan. 4, 2002 Order dismissing all of Southwest Gas’ and ONEOK’s claims against Southern Union, in the three-year battle over the merger that never happened.