The Lawsuit that Kept Going… and Going…
The National Arbitration Forum Blog: Last fall we discussed the everlasting lawsuit surrounding the 1989 Exxon Valdez oil spill. Recent news from the Associated Press:
The Supreme Court on Wednesday [June 25, 2008] slashed the $2.5 billion punitive damages award in the 1989 Exxon Valdez disaster to $500 million.The court ruled that victims of the worst oil spill in U.S. history may collect punitive damages from Exxon Mobil Corp.,