The University Of Iowa Energy Collaborative Llc V. The University Of Iowa
The University of Iowa Energy Collaborative LLC (UIEC) has filed a lawsuit against the University of Iowa for allegedly breaching a Long-Term Lease and Concession Agreement for the University of Iowa Utility System. UIEC claims that the University failed to make payments, rescinded approvals for repairs, and refused to file claims for casualty insurance coverage. The lawsuit aims to enforce UIEC's contractual rights and hold the University accountable for its obligations. The case involves disputes over fees, costs related to capital improvements, insurance claims, and outages. UIEC is seeking compensation for damages resulting from the University's breaches of the Concession Agreement, as well as a declaration that the University is obligated to pay the disputed fees and costs.
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