Kan. Utilities Win $11M In Nuclear Waste Battle

Law360, New York (December 2, 2010, 6:58 PM EST) -- A federal judge has awarded three Kansas utility companies $10.6 million to remedy the U.S. government's ongoing breach of an agreement to dispose of spent nuclear fuel, trimming their initial claim from $14 million based on offset benefits and faulty overhead calculations.

Kansas Gas & Electric Co., Kansas City Power & Light Co. and Kansas Electric Power Cooperative Inc. are entitled to $9.64 million in direct costs stemming from mitigation efforts taken in the wake of the government's breach, plus about $1.8 million in overhead costs,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.