The federal government recently suffered two potentially multibillion-dollar blows in long-running breach-of-contract litigation involving oil leases and spent nuclear fuel, and it now faces a third area of possible liability for broken Medicare contracts.
The U.S. Court of Appeals for the Federal Circuit affirmed a $1 billion damages award by the U.S. Court of Federal Claims for the government’s breach of oil and gas leases held by 11 companies — what court watchers say may be the largest single award by the claims court in its 150-year history.
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