Court won't reconsider $2.5B Exxon Valdez award
Thursday, May 24, 2007
Filed Under:
Environment
|
Law
The 9th Circuit Court of Appeals on Wednesday refused to reconsider its $2.5 billion judgment award to Alaska Natives and others for the 1989 Exxon Valdez oil spill.
The court denied Exxon's petition for a rehearing in the long-running battle over damages from the massive spill. The company said it would appeal to the U.S. Supreme Court.
The plaintiffs are a class of about 33,000 fishermen, cannery workers, landowners and Alaska Natives, local governments and businesses. They had won a numerous billion-dollar judgments against Exxon but the awards were reduced by the 9th Circuit.
Get the Story:
U.S. appeals court tells Exxon to pay fishermen
(The Anchorage Daily News 5/24)
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Court Decision:
In re: The Exxon Valdez (May 23, 2007)
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