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Corporate & Securities Law

: Business Law Prof Blog

Exxon Valdez Damages Reduced

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On Wednesday, the Supreme Court ruled to cut the punitive damages for the 1989 Exxon Valdez disaster to $507.5 million. A jury decided in 1994 that Exxon should pay $5 billion in punitive damages and in 2006, a federal appeals...

Full post as published by Business Law Prof Blog on June 30, 2008 (boomark / email).

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