Energy company sues Crow Tribe on coal-to-liquids project
Posted: Friday, May 20, 2011
An energy company has sued the Crow Tribe
of Montana in federal court.
Australian-American Energy Co.
says the tribe is trying to terminate an agreement for a $7 billion coal-to-liquids plant on the reservation.
The company wants an injunction to keep the tribe from taking action.
The tribe is still interested in the project but Australian-American admits that it has had trouble securing investors.
The company also says the tribe hasn't met some of the conditions of the agreement, such as a water rights lease.
The lawsuit was filed in federal court in Delaware.
Get the Story:
Lawsuit threatens Crow's proposed coal to liquids project
Mont. tribe's $7B coal project stalls, draws suit
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