Billion-dollar lawsuits are popping up everywhere
Normally, Santa Fe, N. Mex., Judge Edwin Felter spends his days dealing with burglaries, muggings and an occasional divorce case. But this month Felter's courtroom has become center stage for more than 200 top corporate, international and antitrust lawyers. By a quirk of jurisdiction, Felter is presiding over one of the largest and most complex corporate lawsuits ever filed in an American court—a $2 billion-plus action by a New Mexico uranium mining company, United Nuclear Corp., against General Atomic Co., a 50%-owned subsidiary of Gulf Oil Corp.,...
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