Overturned

The Supreme Court last week unanimously overturned the conviction of former Big Five accounting firm Arthur Andersen LLP, ruling that the jury in the 2002 Enron Corp.-related case was given flawed jury instructions.

A judge has overturned a $3.2 million judgment against Dynegy Midstream Services LP and affiliate Versado Gas Processors LLC in a case brought by Apache Corp., ruling that the jury had reached its verdict without sufficient evidence against the companies.

The U.S. Court of Appeals for the District of Columbia Circuit Tuesday overturned and remanded a FERC decision which prohibited allocation of interruptible capacity on PG&E Gas Transmission, Northwest based on the total revenue deriving from a bid, saying the Commission failed to explain why it was departing from its own precedents.

Vectren Corp. announced that the Indiana Supreme Court hasoverturned an appeals court verdict and affirmed the Sept. 12, 1997order of the Indiana Utility Regulatory Commission (IURC), that thegas supply agreements between utilities Indiana Gas and CitizensGas and Coke and their joint venture marketing affiliate, ProLianceEnergy, are in the public interest.

Vectren Corp. announced that the Indiana Supreme Court hasoverturned an appeals court verdict and affirmed the Sept. 12, 1997order of the Indiana Utility Regulatory Commission (IURC), that thegas supply agreements between utilities Indiana Gas and CitizensGas and Coke and their joint venture marketing affiliate, ProLianceEnergy, are in the public interest.

The Public Service Co. of New Mexico (PNM) hailed a New MexicoSupreme Court decision yesterday that ruled in favor of PNM andoverturned a $6.9 million gas utility rate reduction imposed bystate regulators in 1997.