Punitive Damages | featured news

Court orders $507.5 million damages in Exxon Valdez spill

A federal appeals court on Monday ordered Exxon Mobil Corp to pay $507.5 million in punitive damages stemming from the 1989 Exxon Valdez oil spill off Alaska, plus 5.9 percent interest running from the 1996 trial judgment, the opinion said.

 

Subscribe to this RSS topic: Syndicate content