An argument a teenager might make after being caught drinking at a party was essentially employed by the lawyer for an energy company, who asked the Pennsylvania Supreme Court to upend a $1.8 million penalty imposed on it for price gouging because ”everybody did it.”
Vincent Gentile of Drinker Biddle & Reath represents electric distribution company HIKO Energy, a company that up-charged 5,700 Pennsylvania consumers by 300 percent for heat—well over the company’s guaranteed rate—during record-low temperatures in the winter of 2014. As a result, the state Public Utility Commission hit HIKO with the penalty, which the company claimed was unfair given how other utility companies who were found to have price gouged were treated.
This content has been archived.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
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]