STOCK EQUIPMENT CO. v. TENNESSEE VALLEY AUTHORITY

No. 88-7270.

906 F.2d 583 (1990)

STOCK EQUIPMENT COMPANY, A UNIT OF GENERAL SIGNAL CORPORATION, Plaintiff-Appellee, v. TENNESSEE VALLEY AUTHORITY, Defendant-Appellant.

United States Court of Appeals, Eleventh Circuit.

July 19, 1990.


Attorney(s) appearing for the Case

Charles W. Van Beke, Harriet A. Cooper, Philip J. Pfeifer, TVA, Knoxville, Tenn., for defendant-appellant.

James L. Goyer, III, Maynard, Cooper, Frierson & Gale, Birmingham, Ala., Donald J. Mulvihill, Thomas W. Andrews, Eric B. Henry, Cahill, Gordon & Reindel, Washington, D.C., for plaintiff-appellee.

Before TJOFLAT, Chief Judge, CLARK, Circuit Judge, and RYSKAMP, District Judge.


TJOFLAT, Chief Judge:

The Tennessee Valley Authority (TVA) appeals from a decision of the district court, entered after a bench trial, awarding $2,988,544 to Stock Equipment Co. (Stock) pursuant to a "termination for convenience" clause in a contract between the parties. We affirm. Because the resolution of the parties' dispute hinges on an understanding of the contractual relationship between TVA and Stock, which itself hinges in part on the extent to which the provisions...

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