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Churchill Falls (Labrador) Corporation files appeal with Quebec Court of Appeal on the 1969 Power Contract

Press Release –

August 26, 2014, St. John’s, NL – Yesterday afternoon, Churchill Falls (Labrador) Corporation (CF(L)Co) filed an Inscription in Appeal with the Quebec Court of Appeal regarding the judgment received on July 24, 2014, from the Quebec Superior Court on CF(L)Co’s Motion regarding the disparities of the 1969 Power Contract between CF(L)Co and Hydro‐Québec.

CF(L)Co is disappointed with the judgment rendered by the trial judge in July dismissing the Motion. When CF(L)Co made a decision to proceed with the case before the Quebec Superior Court in 2010, the company anticipated that whichever party lost at trial there would in all likelihood be an appeal of the judgment given the significance of this case.

Following a comprehensive review of the judgment and a thorough consultation with its external legal advisors, CF(L)Co decided to appeal the trial judge’s decision to the Quebec Court of Appeal.

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Media Contact:
Karen O’Neill
Communications, Nalcor Energy
t.709.737.1427 c.709.690.2012
koneill@nalcorenergy.com

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