US Supreme Court to hear Exxon Valdez appeal

11/05/2007
The US Supreme Court agreed Oct. 29 to hear an appeal of the $2.5 billion punitive damages award stemming from the 1989 grounding of the tanker Exxon Valdez and subsequent crude oil spill in Alaska’s Prince William Sound.The court did not set a date for arguments in the case, Exxon Shipping Co. vs. Baker, but appears likely to hear the case next spring.The spill of more than 261,900 bbl of crude into the sound led to a jury’s record $5 billion punitive damages award, which the federal ninth circuit appeals court cut in half. ExxonMobil Corp. appealed that decision to the Supreme Court on Aug. 20.An Oct. 29 update on the website of the Faegre & Benson law firm, which repres...
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