The state Appeals Court upheld a Superior Court ruling in the dispute between Hingham and the Aquarion Water Co., meaning if the town still wants to buy the water supplier, it might cost more than $100 million.
“We are pleased with the court’s decision,” said John Walsh, Aquarion’s vice president of operations, in a statement. “It is our hope that Town administration will discontinue further takeover efforts and avoid the growing cost of this lengthy litigation.”
The two sides have been battling over the water company, which serves Hingham, Hull, and north Cohasset, for more than four years.
“The judge did not alter the formula set forth in the charter,’’ states the Nov. 2 court ruling, “but, rather, stayed true to the formula despite it resulting in a potentially untenable price.”
The Superior Court issued a judgment of $88.5 million in April of 2016. Aquarion said the price would now exceed $100 million.Jean Lang can be reached at email@example.com.