• Patronage Capital Lawsuits against Electric Cooperatives on the Rise
  • August 30, 2010
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • In 2009-2010, at least six class action lawsuits have been filed against electric cooperatives over patronage capital (or capital credits). Most are in active litigation. Depending upon the lawsuit, the plaintiffs allege that the cooperative breached its obligations to members and violated state law by: