Plaintiff has sued defendant Niagara Mohawk Power Corporation for breach of a power sales contract under which Niagara Mohawk agreed to purchase power generated by a plant to be constructed by plaintiff. Niagara Mohawk allegedly renounced the contract on the ground that plaintiff was not going to be able to meet the in-service deadline imposed therein. The gravamen of the complaint is that Niagara Mohawk waived or was estopped from insisting...
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