Energy Firms Push For $11.3M Settlement

By Erin Marie Daly (August 29, 2007, 12:00 AM EDT) -- Energy companies involved in a massive antitrust class action accusing them of artificially raising the price of natural gas in California, asked a federal judge Tuesday to sign off on a settlement deal that will see them shelling out a collective $11.3 million.

The defendants – Williams Companies Inc., EnCana Corp., Dynegy Inc., Coral Energy Resources LP and CMS Energy Resources Management Co. – said in court documents filed in the the U.S. District Court for the District of Nevada that the payment amount is within a reasonable range of their potential proportionate share of liability.

Under the terms of the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!