No clear consensus has emerged. Should regulators hold to a hard line?
Regulators have wrestled for decades with transactions between vertically integrated monopoly utilities and their...
Legal Conference, Palm Beach, FL, Oct. 12, 1995.
6. Legal Disaggregation Threatens Bondholder Security, Special Comment, Moody's Investors Service, January 1996.
7. Scotto, "Credit Parameters in Flux: When Assets are Liabilities," Public Utilities Fortnightly, May 15, 1995, p. 29.
8. Re Electric Utility Industry Restructuring Study, Docket No. 95-462 (Me.P.U.C.), Initial Comments of Central Maine Power Co., filed Jan. 31, 1996.
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