BOLIN, Justice.
Lake Cyrus Development Company, Inc. ("LCDC"), appeals from the trial court's denial of its motion to alter, amend, or vacate a judgment in favor of Bessemer Water Service ("BWS") or, in the alternative, its motion for a new trial. We reverse and remand.
I. Facts and Procedural History
This case involves a dispute between BWS and LCDC over a contract referred to as the "1998 water agreement." In...
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