Cajun Electric Power Cooperative, Inc. v. Central Louisiana Electric Cooperative, Inc. (In re Cajun Electric Power Cooperative, Inc.)

U.S. Court of Appeals for the Fifth Circuit
Cajun Electric Power Cooperative, Inc. v. Central Louisiana Electric Cooperative, Inc. (In re Cajun Electric Power Cooperative, Inc.), 74 F.3d 599 (5th Cir. 1996)

Cajun Electric Power Cooperative, Inc. v. Central Louisiana Electric Cooperative, Inc. (In re Cajun Electric Power Cooperative, Inc.)

Opinion of the Court

ON PETITIONS FOR REHEARING AND SUGGESTIONS FOR REHEARING EN BANC

Before REYNALDO G. GARZA, BARKSDALE and EMILIO M. GARZA, Circuit Judges.

ORDER OF THE COURT:

Taking the petitions suggesting rehearing en banc as petitions for rehearing, said petitions for rehearing are hereby GRANTED as follows:

“After re-reading the stipulation on file in this case, we find the conflicts of interest within the members of the Board of Cajun Electric Power Cooperative, Inc., to be such that the court below was correct in the appointment of a trustee. We therefore withdraw all of section IV of the prior opinion found at 69 F.3d 746 and we adopt the reasoning of the dissent in its place.

The appointment of a trustee is therefore AFFIRMED.”

Reference

Full Case Name
In the Matter of CAJUN ELECTRIC POWER COOPERATIVE, INC., Debtor. CAJUN ELECTRIC POWER COOPERATIVE, INC. v. CENTRAL LOUISIANA ELECTRIC COOPERATIVE, INC.
Cited By
3 cases
Status
Published