Bronwood v. Tahoe


01/11/07 – 04/03/07

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A private utility provider sued its joint venturer for breach of fiduciary duty and breach of contract involving the provision of gas and electricity to the Tahoe-Reno Industrial Center (TRI-Center) via a general improvement district (GID). The private utility alleged that its joint venturer secretly negotiated a more lucrative arrangement with a public utility (Sierra Pacific, now NV Energy) that resulted in $30M in wrongful gains to the joint venturer, and cost the private utility $10M in lost profits.


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