Boies Schiller's Stuart Singer Wins 2 Appeals for FPL on Rates (OK) and Refunds (Not)
Most Effective Lawyers: Appellate — Singer argued pivotal financial cases for Florida Power & Light before the U.S. Court of Appeals for the Eleventh Circuit and the Florida Supreme Court.
December 10, 2018 at 05:00 AM
2 minute read
Stuart Singer
Boies Schiller Flexner
Stuart Singer successfully argued two appeals for Florida Power & Light Co. in the U.S. Court of Appeals for the Eleventh Circuit and the Florida Supreme Court.
In Newton v. Duke Energy Florida, the U.S. Court of Appeals for the Eleventh Circuit unanimously affirmed the dismissal with prejudice of a putative class action brought against Florida Power & Light Co. and Duke Energy Florida LLC.
The plaintiffs sought more than $1 billion in refunds from the utilities under Florida's Nuclear Cost Recovery System regulation, which allows utilities to recover the costs of nuclear plant planning and construction.
The case asked whether the state program was preempted by the federal Atomic Energy Act or violated the dormant commerce clause of the U.S. Constitution. Singer argued the case before U.S. District Judge William P. Dimitrouleas in Fort Lauderdale, who dismissed the suit with prejudice, and before the Eleventh Circuit last year.
The opinion issued July 11 establishes a precedent on the scope of state authority in nuclear plant financing. The federal appellate court found the clause addresses economic protectionism by states, not companies, leaving the plaintiffs “well beyond the zone” of protection. The court also found the state cost-shifting law was not preempted by federal law.
In Sierra Club v. Julie Imanuel Brown, the Florida Supreme Court unanimously rejected the Sierra Club's challenge to state Public Service Commission approval of FPL's base rate case. For public utilities, rate cases are generally the most important litigation companies can face as they establish allowable rates and return on equity for a four-year period.
The PSC approved a settlement resolving all rate issues. The Sierra Club challenged the allowance for over $600 million in cost recovery for building “peakers'' — gas-fired plants used to meet peak power demand. Singer again argued for FPL.
The court's unanimous opinion upheld commission approval of the rate settlement, found the prudency of the peakers was established and created a precedent making clear that settlements of contested regulatory matters may be approved if in the public interest without express findings on the subsidiary issues covered in a settlement.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllInternational Investment and Dispute Resolution in the Wake of Mexico’s Dramatic Judicial Reform
5 minute readRevenue Sharing Enhances the Benefits of Community Development Districts to Developers and Local Governments
7 minute readTrending Stories
- 1UN Treaty Enacting Cybercrime Standards Likely to Face Headwinds in US, Other Countries
- 2Clark Hill Acquires L&E Boutique in Mexico City, Adding 5 Lawyers
- 36th Circuit Judges Spar Over Constitutionality of Ohio’s Ballot Initiative Procedures
- 4On The Move: Polsinelli Adds Health Care Litigator in Nashville, Ex-SEC Enforcer Joins BCLP in Atlanta
- 5After Mysterious Parting With Last GC, Photronics Fills Vacancy
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250