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Lawsuit over Alabama nuclear plant appears headed to trial after judge’s ruling

By Paul Gattis |

Efforts by both parties involved in a lawsuit over the sale of an unfinished Alabama nuclear plant have failed and the 2½ -year-old case appears headed for trial.

Nuclear Development LLC and TVA both filed motions for summary judgment, asking U.S. District Judge Liles Burke to ruling in their favor in resolving the suit before it went to trial. Nuclear Development sued TVA in November 2018 after the federal utility declined to complete the agreed-upon sale of Bellefonte Nuclear Plant near Scottsboro.The judge denied both parties’ motions in a lengthy order issued Wednesday.

No trial date has been set.TVA has said it opted not to complete the sale of the company created by Tennessee developer Franklin Haney because Nuclear Development had not secured the appropriate licenses to take ownership from the Nuclear Regulatory Commission. Nuclear Development has said the licenses should not be an obstacle to the sale and filed a breach of contract suit against TVA the day the deal was supposed to have been completed.“Because there remain genuine disputes of material fact,” the issues of the lawsuit could not be decided “as a matter of law,” Burke wrote in concluding his order……..

April 2, 2021 - Posted by | Uncategorized

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