State of New Mexico v. General Electric et al.
The Tenth Circuit handed down a landmark decision on natural resource damages October 31, 2006. State of New Mexico v. General Electric et al. In this case, the Tenth Circuit affirmed the district court decision granting General Electric (“GE”) and co-defendant ACF Industries (“ACF”) summary judgment. The State of New Mexico originally sought recovery of nearly $5 billion for loss of groundwater and the aquifer that stored the water.