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Horseshoe Bay Beacon Newspaper May 29, 2008 PEC legal fees top $2 million last year By Jodi Lehman How much legal advice does a cooperative need? The answer depends on the cooperative. The Pedernales Electric Cooperative paid out a total of $2,780,083.63 in legal fees during 2007 to thirteen different attorneys or firms. In the [...] We’re disappointed (though not overly surprised) to report that Judge Dietz approved the lawsuit settlement that he negotiated. See the article from May 6 in the Media section. PEC Lawsuit Settlement Prepared by: David Allen Hall Texas Bar No. 24036705 P.O. Box 1540 Blanco, Texas 78606-1540 830-833-4179 office 830-833-9924 fax (please be sure to insert your own name and contact info, and add/delete/re-word with YOUR OWN objections.) No. D-1-GN-07-002234 JOHN WORRALL, et al., Plaintiffs vs. PEDERNALES ELECTRIC COOPERATIVE, INC. et al., Defendants [...] According to the settlement terms, after all is signed and sealed, we will still be left with the majority of the Board scoundrels who got us into this mess. The Board and Bennie will not be held accountable for anything they have done, no matter how irresponsible, negligent, fiscally irresponsible, self-serving or even criminal. No [...] Texas Attorney General enters PEC investigation (see article in our Media section). A Senate investigation is on the trail – not just of PEC, but all Texas electrical coops, with PEC in the main spotlight. More… Board President Burnett resigns effective immediately. Blanco County prosecutor to begin Pedernales investigation, PEC4U delivers letter requesting resignations of entire Board. Austin Energy head Juan Garza hired as new PEC General Manager, starting Feb 8. Generally regarded as a good choice (though behind closed doors and for too much money). PEC bigwigs live large on ‘carte blanche’ expense accounts. Anyone for high dollar Celine Dion tickets or 6-week paid “sabbatical” in New England, including expenses? The [...] In a 4-page letter sent to all members, PEC today announced the adoption of many of the initial changes that PEC4U has been working for: -Board President Burnett to resign effective June 08 -General Manager Fuelberg to resign upon finding a replacement -Election practices cleaned up, including most of our requests (single member districts and [...] |
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