PPL Gets U.S. High Court Hearing on $50 Million Montana Award
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The U.S. Supreme Court agreed to review a decision requiring a PPL Corp. unit to pay more than $50 million to Montana for the use of riverbeds under the company’s hydroelectric facilities.
PPL Montana is appealing a Montana Supreme Court ruling that said the state owns the riverbeds and is entitled to demand rent payments. The company argues in its appeal that the riverbeds are owned either by private parties or the federal government.