Power will continue flowing to Southern Montana Electric Generation and Transmission Cooperative for the wholesaler to sell to its members under agreements approved Monday by U.S. Bankruptcy Judge Ralph Kirscher. Kirscher also approved appointing a trustee to run Southern while it tries to reorganize its finances. And the judge indicated that he would approve an agreement that will allow the cooperative to pay its bills and salaries using cash claimed as collateral by its biggest secured ...

MIDLANDS Co-op is in line for a £ 400,000-plus windfall after a judge ruled that a corrupt former Ilkeston Society executive and his accomplices, including his mother, wife and sister, must pay back tens of thousands of pounds in compensation. The final cost of Martin Sale's deception against former employers Ilkeston Co-op, which merged with Midlands Society last November, was put at £ 1,089,698 by Judge John Burgess at Derby Crown Court.

A GROUP of eight concerned members of the Musselburgh & Fisherrow Co-op in East Lothian have won a court injunction to halt plans to privatise the society while a Financial Services Authority investigation is under way. A confirmatory meeting called to rubber-stamp an original overwhelming vote in favour of demutualisation was cancelled just hours before it was due to start with Edinburgh Court of Session judge Lord Kingarth ordering the society to pay the costs of the hearing.