{"id":35630,"date":"2018-09-19T13:29:00","date_gmt":"2018-09-19T21:29:00","guid":{"rendered":"https:\/\/www.juneauempire.com\/news\/judge-sets-date-in-case-of-billion-dollar-oil-lawsuit\/"},"modified":"2018-09-19T13:29:00","modified_gmt":"2018-09-19T21:29:00","slug":"judge-sets-date-in-case-of-billion-dollar-oil-lawsuit","status":"publish","type":"post","link":"https:\/\/www.juneauempire.com\/home\/judge-sets-date-in-case-of-billion-dollar-oil-lawsuit\/","title":{"rendered":"Judge sets date in case of billion-dollar oil lawsuit"},"content":{"rendered":"<p>Sitka Superior Court Judge Jude Pate <a href=\"https:\/\/www.documentcloud.org\/documents\/4906697-Oral-Arguments-Scheduled.html\" target=\"_blank\">has set a date<\/a> for arguments in a lawsuit that has billion-dollar implications for the state of Alaska.<\/p>\n<p>On Oct. 1 in a Juneau courtroom, Pate will hear oral debates about the constitutionality of a proposal that would allow the state to borrow <a href=\"http:\/\/juneauempire.com\/state\/news\/2018-02-23\/state-may-borrow-1-billion-pay-oil-debt\" target=\"_blank\">as much as a billion dollars<\/a> to pay oil and gas tax credits owed to companies that have performed work on the North Slope.<\/p>\n<p>The Legislature has approved the plan, as has Gov. Bill Walker, but <a href=\"https:\/\/www.juneauempire.com\/news\/you-have-to-fight-these-things-why-two-juneau-men-are-standing-in-the-way-of-the-alaska-legislature-gov-bill-walker-and-a-billion-dollar-debt\/\" target=\"_blank\">one Juneau man stands in its way<\/a>. Eric Forrer, a former member of the University of Alaska Board of Regents, has filed suit with the help of Juneau attorney Joe Geldhof, arguing that the state&rsquo;s proposal violates constitutional limits on borrowing.<\/p>\n<p>The state has moved to dismiss Forrer&rsquo;s lawsuit and strike it. State attorneys <a href=\"https:\/\/www.juneauempire.com\/news\/debt-doubt-legal-argument-may-threaten-states-ability-to-borrow-money\/\" target=\"_blank\">have argued<\/a> that the plan is legal and that overturning it could endanger programs funded by similar means.<\/p>\n<p>The Oct. 1 hearing is a significant early step in what is expected to be a lengthy legal battle that ends in front of the Alaska Supreme Court.<\/p>\n<hr \/>\n<p><b>\u2022 Contact reporter James Brooks at jbrooks@juneauempire.com or 523-2258.<\/b><\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>Sitka judge will hear arguments on a lawsuit with billion-dollar implications for Alaska. <\/p>\n","protected":false},"author":426,"featured_media":35631,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","wds_primary_category":9,"footnotes":""},"categories":[9,4],"tags":[95,56,230],"yst_prominent_words":[],"class_list":["post-35630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-news","tag-alaska-state-budget","tag-oil-and-gas","tag-state-news"],"_links":{"self":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/35630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/users\/426"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/comments?post=35630"}],"version-history":[{"count":0,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/35630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media\/35631"}],"wp:attachment":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media?parent=35630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/categories?post=35630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/tags?post=35630"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/yst_prominent_words?post=35630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}