Congratulations to shareholder  Tyler J. Oldenburg. Their defense verdict in, America’s CNG, LLC v. City of Lake City  was featured in DRI’s “And The Defense Wins”.  

The plaintiff claimed that the City of Lake City refused to perform its obligations under a fully executed agreement, which required the City to sell natural gas to the Plaintiff over a ten year period of time.  Plaintiff further claimed that, as a result of the City’s refusal to sell it natural gas, its business was completely destroyed or, in the alternative, had lost profits over the life of the contract. 

The defense offered expert testimony the plaintiff was not financially capable of getting its operation started and, even if the plaintiff could get its operation started, plaintiff’s novel business concept would not have been profitable. 

After about three and a half hours of deliberations, the jury of five women and one man returned a verdict in favor of the City, Click here to read the “And The Defense Wins” summary.