A New Jersey appeals court on Wednesday said a utility affiliate could not force arbitration of its dispute with a company backed by private equity firm Blackstone under a purported contract for the $17.1 million sale of solar renewable energy credits, finding the parties never entered into a binding agreement.
The defendants are represented by Daniel M. Perry and Katrina Voorhees of Milbank Tweed Hadley & McCloy LLP, and Jonathan W. Wolfe and Jane J. Felton of Skoloff & Wolfe, P.C.
