Connecticut Resources Recovery Authority Will Have to Pay $35.9 Million

Date: September 28, 2007

Source: News Room

The Connecticut state Supreme Court has denied a request by the Connecticut Resources Recovery Authority to stay an order that it pay $35.9 million to 70 municipalities that had sued the agency. The municipalities had alleged in their suit that they were being forced to pay higher tipping fees at the CRRA's Hartford WTE because of the agency's failed $220 million loan to now defunct Enron. Superior Court Judge Dennis G. Eveleigh in Waterbury ruled in June that the agreement, originally characterized by CRRA as an energy transaction, was nothing more than an illegal, unsecured loan. Enron only repaid $17.6 million before declaring bankruptcy in December 2001.

The Connecticut Supreme Court: www.jud.state.ct.us/external/supapp/.

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