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Federal Judge: Bad Blood Over Unrelated Bankruptcy Case Not Grounds to Demand Contract Assurances

Federal Judge: Bad Blood Over Unrelated Bankruptcy Case Not Grounds to Demand Contract Assurances

News Admin by News Admin
January 21, 2023
in Litigation
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The U.S. District Courtroom for the District of Massachusetts has dominated that one social gathering breached its contract with one other when it demanded ample assurances due to distrust stemming from a dispute in unrelated chapter proceedings.

According to the opinion, after the connection between a Photo voltaic Renewable Power Credit (SREC) consolidator and dealer and an impartial SREC power producer soured over conduct throughout an unrelated chapter courtroom case, each firms alleged breach of contract. The plaintiff on this case, Skyview Finance, is an SREC consolidator and dealer engaged in reselling to load-serving entities or utilities. Defendant Kearsarge Buying and selling, is an impartial producer of renewable power that generates SRECs.



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