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Exxon's 5 Billion Punitive Award Tossed by Court
A federal appeals court ruled the 5 billion punitive damages against Exxon for the 1989 Valdez spill was excessive and ordered a lower amount set by a judge. The ruling leaves intact 287 million in punitive and economic damages to commercial fishermen but scales back the punitive portion. Country: United States. Places: Alaska. People: Exxon Mobil, Joseph Hazelwood. Organizations: Exxon Mobil Corp. Date: 1994 verdict, appeals decision in 199?
MENTIONED IN THIS ARTICLE
San Francisco
Exxon
Anchorage
Alaska
Com
David Desting
Valdez
Joseph Hazelwood
Prince William Sound
Appeals Court
U.S. Supreme Court
Appeals
High Court
Exxon Valdez
Exxon Mobil Corp