FirstEnergy Strikes Deal With US In Nuclear Fuel Suit

Law360, New York (January 30, 2012, 2:11 PM EST) -- A FirstEnergy Corp. unit on Friday settled its suit against the federal government over the U.S. Department of Energy's alleged failure to honor a contract for the disposal of spent nuclear fuel.

FirstEnergy Nuclear Generating Corp. and government attorneys submitted a stipulation of dismissal to the U.S. Court of Federal Claims, saying they had reached a settlement agreement in the long-running case. The parties will take on their own legal costs and fees.

A FirstEnergy spokesman and a government representative could not be immediately reached Monday...
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