Tepco owns the 6-reactor Fukushima complex that was wrecked by Japan's March 11 earthquake and smashed by the resulting tsunami. It faces more than $350 billion in compensation and clean-up costs, as well as likely prosecution for withholding crucial information that may have prevented some radiation exposures and for operating the giant station after being warned about the inadequacy of its protections against disasters.

So when the company was hauled into Tokyo District Court Oct. 31 by the Sunfield Golf Club, which was demanding decontamination of the golf course, Tepco lawyers tried something novel. They claimed the company isn't liable because it no longer "owned" the radioactive poisons that were spewed from its destroyed reactors.

"Radioactive materials that scattered and fell from the Fukushima No. 1 nuclear plant belong to individual landowners there, not Tepco," the company said. This stunned the Court, the plaintiffs and the press. An attorney for the golf club said, "We are flabbergasted...."

(my bold, ed)

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty