We're waiting to learn if a lawsuit filed against the Tennessee Valley Authority will continue.
TVA filed a motion to dismiss the lawsuit brought by Nuclear Development, the Chattanooga firm that wanted to buy Bellefonte Nuclear Plant.
TVA stopped the deal in the 11th hour last year, claiming the company didn't file for the permits needed to finalize the sale. Nuclear Development said it didn't need permits for that part of the process.
A federal judge in Huntsville said he'll rule on the lawsuit dismissal issue soon.
Below is a statement sent to WAAY 31 from TVA spokesperson, Jim Hopson:
"TVA filed a motion to dismiss the lawsuit brought by Nuclear Development after the failure to conclude the purchase agreement on the property. The purchase contact contained a clause that prevents either party from executing the contract if it were to create an illegal situation. Because Nuclear Development did not pursue and receive the Nuclear Regulatory Commission permission to transfer the construction licenses on the nuclear facilities as required by the Atomic Energy Act, the purchase agreement could not be completed. Our goal throughout this process has remained getting the Bellefonte property back into productive use so we look forward to the court’s decision so we can move forward."
- TVA files motion to dismiss lawsuit from Nuclear Development over Bellefonte deal
- Lawsuit against TVA over sale of Bellefonte Nuclear Power Plant will continue
- Bellefonte developer's deal with Michael Cohen
- TVA backs out of Bellefonte deal over licensing regulations
- UNA files motion to dismiss Jane Doe lawsuit
- Developers to announce update on Bellefonte Nuclear Plant project
- Women's center files motion to dismiss lawsuit filed by North Alabama man and his aborted fetus
- Bellefonte nuclear plant could take five years of construction
- Tennessee Valley Authority pulled out of deal to sell Bellefonte Nuclear Plant in Jackson Co.
- Motion to dismiss filed in Huntsville murder case after surveillance images released