Oil spills
Court slashes judgment in Exxon Valdez disaster from $2.5B to $.5B
Posted by Jeff from Seattle Times
In dissent, Justice John Paul Stevens supported the $2.5 billion figure for punitive damages, saying Congress has chosen not to impose restrictions in such circumstances. Justice Ruth Bader Ginsburg also dissented, saying the court was engaging in "lawmaking" by concluding that punitive damages may not exceed what the company already paid to compensate victims for economic losses.
U.S. Supreme Court agrees to review $2.5 billion in punitive damages in Exxon Valdez case
Posted by Jeff from Seattle Times
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Jeff
Member since Dec 2008
Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.
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