May 25, 2008

West Virginia Supreme Court Declines to Hear Case Involving $270 Million in Punitive Damages

Legal Newsline reports that the West Virginia Supreme Court declined to consider a case involving a $404 million verdict against NiSource Inc., an Indiana-based energy company. The case involves NiSource's alleged failure to make royalty payments to property owners who had leased gas rights to the utility. NiSource says it will seek a stay of the judgment so it can petition the U.S. Supreme Court for certiorari.