Countersuit Against New Mexico Coop Moves Forward
Posted on Dec 5, 2011 in Litigation | Comments Off on Countersuit Against New Mexico Coop Moves Forward
A scheduling plan for a countersuit against Socorro Electric Cooperative has been drafted, and District Court Judge Albert J. Mitchell Jr. has granted a 30-day stay on the coop’s motion to delay paying attorneys’ fees. Judge Mitchell said he wanted to speed up the countersuit, which has been pending since the judge ruled against Socorro Electric in the original case in May. The...
Coop Employers Must Keep Drivers’ Hands Off Cell Phones
Posted on Dec 5, 2011 in Regulation & Policy | Comments Off on Coop Employers Must Keep Drivers’ Hands Off Cell Phones
Under a new federal rule, the drivers of vehicles owned by electric cooperatives and other utilities may not use hand held cell phones while they drive. The Federal Motor Carrier Safety Administration turned down a request by the National Rural Electric Cooperative Association to exempt electric coops from its mobile phone rule by classifying them and other utilities as “emergency...
Coop Members Demand More Information About Geothermal Program
Posted on Dec 5, 2011 in Corporate Governance, Rates | Comments Off on Coop Members Demand More Information About Geothermal Program
Alaska-based Naknek Electric Association filed for Chapter 11 protection from creditors in September 2010. The coop’s financial woes were due, in large part, to complications with a geothermal energy program. Shortly after Naknek Electric filed a disclosure statement and reorganization plan with the bankruptcy court, a committee representing the interests of Naknek Electric members...
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