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Saturday, October 16, 2021

Justices Slash Damages for Exxon Oil Spill

Nearly two decades of legal battles over the Exxon Valdez oil spill came to an end yesterday when the Supreme Court slashed the punitive damages imposed against Exxon Mobil from $2.5 billion to $500 million.

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Nearly two decades of legal battles over the Exxon Valdez oil spill came to an end yesterday when the Supreme Court slashed the punitive damages imposed against Exxon Mobil from $2.5 billion to $500 million.

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