Attorney General Alan Wilson files return on motion to appoint receiver in SCE&G case

(COLUMBIA, S.C.) – November 1, 2017 South Carolina Attorney General Alan Wilson filed a legal response today agreeing that the Court should appoint a receiver to take charge of all the money collected in the future by SCE&G related to the failed V.C. Summer Nuclear Project. The receiver would also take custody of all bank accounts that contain money already collected for the project, including any payout from the Westinghouse/Toshiba settlement.

The Attorney General’s filing is in response to a lawsuit filed by LeBrian Cleckley on behalf of himself and all SCE&G customers against the power company and the state of South Carolina. Even though the State is named as a defendant, Attorney General Wilson agrees that a receiver should be appointed.

The Attorney General’s response says, “The Attorney General is the chief law officer of the State and has the duty to protect the public interest and the wellbeing of a utility’s ratepayers.” The filing also points out, “We have opined that the Base Load Review Act is unconstitutional as applied.”

By definition, “[A] receiver’s primary purpose is to preserve the property’s value for those to whom it is ultimately determined that the property belongs so to accommodate all claims possible.”

Attorney General Wilson plans to attend a court hearing on the matter next Wednesday, November 8th, in York County, before Judge John Hayes III.

You can read the return here.

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