11 February 2007

A Record Verdict, Revisited

The Sunday Gazette-Mail offers perhaps the first detailed look at the $405 million verdict reached last month in a Roane County gas royalties dispute.

Gazette business writer Joe Morris talks to several people on each side of the case, and traces the lawsuit back to the suspicions of an 89-year-old retired teacher.

As I noted when the verdict was first announced, the damage award appears to be a record for a West Virginia court. The reverberations have rocked Gov. Joe Manchin and his "Open for Business" administration, as several state media have noted.

It has also prompted Chesapeake Energy Corp. to question its earlier plans to build a regional HQ in Charleston.

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