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Deere & Co. v. Exelon Generation Acquisitions, LLC

Superior Court of Delaware, New Castle

July 13, 2015

DEERE & COMPANY, a Delaware corporation, Plaintiff,
v.
EXELON GENERATION ACQUISITIONS, LLC, a Delaware limited liability company, Defendant.

Submitted: June 11, 2015

Upon Deere & Company's Motion for Reargument GRANTED

Peter J. Walsh, Jr., Esq. (argued), Matthew F. Davis, Esq., Jacob R. Kirlman, Esq., Potter Anderson & Corroon, LLP, Attorneys for Plaintiff

Geoffrey A. Kahn, Esq. (argued), David J. Margules, Esq., Ballard Spahr, LLP, Attorneys for Defendant

MEMORANDUM OPINION

MARY M. JOHNSTON JUDGE

PRIOR RULINGS

The Complaint of Deere & Company alleged breach of contract, breach of the implied covenant of good faith and fair dealing, and unjust enrichment. The dispute arises out of an August 30, 2010 purchase agreement (the "Agreement"). Upon the motion of Defendant Exelon Generation Acquisitions, LLC, the Court dismissed Deere's breach of the implied covenant of good faith and fair dealing and unjust enrichment claims. The Court ruled:

Finally, Exelon moves to dismiss Deere's claim for unjust enrichment. Exelon contends that Deere's claim for unjust enrichment is barred because the Purchase Agreement governs the parties' relationship and the matter in dispute. Unjust enrichment is "the unjust retention of a benefit to the loss of another, or the retention of money or property of another against the fundamental principles of justice or equity and good conscience.[1] When an express, enforceable contract controls the parties' relationship, a claim for unjust enrichment is not available because the contract itself is the measure of the parties' rights.[2]

Exelon asserted two counterclaims – recoupment and unjust enrichment. Deere moved to dismiss both counterclaims.

By opinion dated, November 10, 2014, this Court held:

Deere relies upon Deere v. Exelon, this Court's March 7, 2014 opinion dismissing Deere's unjust enrichment claim because the Agreement governed the parties' relationship and the matter, the payment of the earn-out, in dispute.[3]Exelon's claim for unjust enrichment is substantially different from Deere's. In Deere, the matter in dispute was payment of the earn-out for completion of the Blissfield Wind Project.[4] Payment of the earn-out is expressly addressed by the parties in Section 2.6(a)(iii) in the Agreement.[5] Here, the matter in dispute, the offset of any recovery by the expense Exelon allegedly incurred to complete the wind project in Gratiot County, is not addressed in the Agreement. The Agreement does not contain a provision addressing the parties' obligations in the event that the Blissfield Wind Project could not be developed in Lenawee County. I find that Exelon's unjust enrichment claim has sufficient merit to survive a motion to dismiss.[6]

PARTIES CONTENTIONS

Deere now moves for reargument. Deere contends that the Court misapprehended the facts underlying Exelon's claim and the purpose of Section 2.6(b) of the Agreement. Deere argues that Section 2.6(b) of the Agreement places the burden of continuing development of the Blissfield Wind Project, including the risk of increased or unforeseen cost, on Exelon. Therefore, the $10 million expended by Exelon in relocating the Blissfield Wind Project to Gratiot County was an expenditure contemplated by Section 2.6(b) and cannot be recovered under an unjust enrichment theory.

Exelon argues that the Court was correct in denying Deere's Motion to Dismiss Exelon's unjust enrichment claim. The Court found that the Agreement does not address Exelon's obligations in the event that the Blissfield Wind Project was unable to be developed in Lenawee County. Exelon contends that it has a viable claim for unjust enrichment. Exelon claims that the $14 million earn-out provision triggered by Section 2.6(a) of the Purchase ...


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