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Litigation

Mar. 9, 2004

Exxon Appeals $4.5 Billion Valdez Award

Fifteen years after the infamous Exxon Valdez ran aground, the oil tanker spewing 10.8 million gallons of crude oil into Alaska's Prince William Sound, the legal battle over the case's record $5 billion punitive damage award continues.

By Amy K. Spees
        Fifteen years after the infamous Exxon Valdez ran aground, the oil tanker spewing 10.8 million gallons of crude oil into Alaska's Prince William Sound, the legal battle over the case's record $5 billion punitive damage award continues.
        Exxon repeatedly has attacked the validity and size of the jury award, while att...

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