Yankees Score Multi-Million-Dollar Home Run in Federal Circuit

[FBaggins]

The U.S. Court of Appeals for the Federal Circuit today affirmed a $159.6 million damages award to three nuclear utilities in the long-running spent nuclear fuel battle with the federal government.

Yankee Atomic Electric Co., Maine Yankee Atomic Power Co., and Connecticut Yankee Atomic Power Co., (the Yankees) were the first of approximately 50 lawsuits charging the federal government with breach of contract for its failure to accept and dispose of radioactive waste from the nation’s nuclear utilities.

The federal government has paid an estimated $2 billion in settlements and damages, according to Jerry Stouck of Greenberg Traurig who filed the first Yankee case in February 1998. Stouck and his team handled the trials and first of three appeals in the three Yankee lawsuits. Catherine Stetson of Hogans Lovells handled the most recent appeals with Stouck on the briefs.

The three Yankees originally sought damages to compensate for the cost of storing spent nuclear fuel and high-level radioactive waste beyond the time that the government promised by contract to begin storing that waste in a permanent and secure repository.

http://legaltimes.typepad.com/blt/2012/05/yankees-score-multi-million-dollar-home-run-in-federal-circuit.html

[RobertEarl]

1. eh?

Whoever from the government that signed such things needs to be strung up in the public square. Of course, it can be reckoned that the lobbyist for the nukers are at least half to blame. String them up too.

So now that the Yankees have all this cash for waste, what will they do? Give their execs a big fat bonus?