NiSource Inc. has lost an attempt to overturn a $270 million punitive damage award that tops off $134 million in compensatory damages for underpayment of royalties in West Virginia, but the company vows it will fight on. A Roane County, WV judge last Thursday ruled against a motion to set aside the punitive damages portion of the jury verdict that was issued early this year (see NGI, Feb 5).
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WVA Judge Upholds Damage Award in Royalty Case
NiSource Inc. has lost an attempt to overturn a $270 million punitive damage award that tops off $134 million in compensatory damages for underpayment of royalties in West Virginia, but the company vows it will fight on. A Roane County, WV judge Thursday ruled against a motion to set aside the punitive damages portion of the jury verdict that was issued in January (see Daily GPI, Jan. 30).
June 29, 2007
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