Environmental
Dec. 27, 2006
9th Circuit Cuts Exxon Punitives
More than 17 years after one of the worst environmental disasters in American history, a federal appeals court hopes it has set a final price tag on punishment for the wreck of the Exxon Valdez.
Daily Journal Staff Writer
More than 17 years after one of the worst environmental disasters in American history, a federal appeals court hopes it has set a final price tag on punishment for the wreck of the Exxon Valdez.
A divided panel of the 9th U.S. Circuit Court of Appeals on Friday determined that number to be $2.5 billion. That cut in half the punitive damages an A...
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