MILLERS COVE ENERGY CO. v. DOMESTIC ENERGY SERVICE

Civ. A. No. 85-72116.

646 F.Supp. 520 (1986)

MILLERS COVE ENERGY COMPANY, INC., a Michigan corporation, Plaintiff/Counter-Defendant, v. DOMESTIC ENERGY SERVICE COMPANY, a Delaware corporation, Defendant/Counter-Plaintiff.

United States District Court, E.D. Michigan, Southern Division.

October 24, 1986.


Attorney(s) appearing for the Case

Dennis B. Schultz, Butzel, Long & Van Zile, Detroit, Mich., for plaintiff/counter-defendant.

Dennis M. Haffey, Dykema, Gossett, Spencer, Goodnow & Trigg, Detroit, Mich., for defendant/counter-plaintiff.


MEMORANDUM OPINION AND ORDER

FEIKENS, District Judge.

Millers Cove Energy Company ("plaintiff" or "MC Energy") and Domestic Energy Service Company ("defendant" or "DESCO") launched a coal mining venture on March 28, 1980. DESCO supplied $600,000 cash and a $630,000 note to MC Energy; it received in return a twenty percent income interest in the venture. The relationship between the parties steadily deteriorated as the venture operated without producing any...

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