The City of St. John’s (the “City”) was successful on an appeal from an order affirming an arbitration award, which held that an interest in land and water rights leased to the respondent Newfoundland Power Inc. (“Newfoundland Power”) ought to be valued as part of the going concern.
Administrative law – Decisions of administrative tribunals – Arbitration Board – Natural resources – Electricity – Municipalities – Utility services – Contracts – Landlord and tenant – Leases – Land and water rights – Valuation – Judicial review – Standard of review – Reasonableness simpliciter St. John’s (City) v. Newfoundland Power Inc., [2013] N.J. No. ...