Exxon Valdez Case Review

Exxon Valdez Case Review

On June 25, 2008, the U.S. Supreme Court cut the fine Exxon Mobil was ordered to pay from $2.5 billion down to $507.5 million. The oil company was originally ordered to pay punitive damages to the victims of the 1989 Exxon Valdez oil spill.

Fast Facts

1994: Exxon ordered to pay $5 billion in damages
2002: Decreased to $4 billion in appeals court
January 2004: Increased to $4.5 billion
December 2007: Decreased to $2.5 billion
June 25, 2008: U.S. Supreme Court cut fine from $2.5 billion to $507.5 billion
Victims include: 32,000 fishermen, landowners in Alaska and those monetarily affected by the spill¹
Exxon was criticized for responding to the spill too slowly²
Approximately 300,000–675,000 seabirds killed³
Approximately 3,500-5,500 sea otters killed³
The Exxon Valdez was captained by Joseph Hazelwood, who was under the influence of alcohol

Categories

Lawsuits | Supreme Court | Oil | Toxic Spills

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The Mahalo Top 7

AFP: Exxon Valdez Oil Spill Damages Excessive: Us Court (June 25, 2008)
The Associated Press: Court Slashes Judgment in Exxon... (June 25, 2008)
Anchorage Daily News: Exxon Valdez Damages Cut to $507.5 Million: Exxon... (June 25, 2008)
CNNMoney: US Supreme Court Orders Reduction In Exxon Valdez Award (June 25, 2008)
Reuters: Exxon Valdez Oil Spill Ruling Overturned (June 25, 2008)
The Washington Post: Court to Hear Exxon Valdez Case (October 29, 2007)
YouTube Video: Alaska: Exxon Valdez - USA (Time: 18:48)

Exxon Valdez Case Review News

Bloomberg.com: Exxon Valdez Award Cut to $507.5 Million by... (June 25, 2008)
International Herald Tribune: U.S. Supreme Court to review punitive... (October 29, 2007)
CNNMoney: Exxon Says No Punitive Damages Warranted... (October 29, 2007)
Dallas Morning News: Supreme Court to review Exxon Valdez case (October 29, 2007)
White & Case LLP: Lessons Learned from the Exxon Valdez Oil Spill (October 2007)
Google News: Exxon Valdez Case Review

Exxon Valdez Case Review Background

Wikipedia: Exxon Valdez oil spill
US EPA: Exxon Valdez, Oil Program
CGlaw.com: The Story Behind the Oil Spill Verdict
Greenpeace International: Exxon Valdez disaster- 15 years of lies
New Scientist: The two faces of the Exxon disaster

Exxon Valdez Case Review Blogs and Commentaries

MotherJones Blog: Supreme Court Overturns Exxon Valdez Verdict (June 25, 2008)
AlaskaReport: Alaska Screwed over by Exxon Again (June 25, 2008)
Law Blog - WSJ.com: Will the Supremes Hear the Exxon Valdez Punitives Case?
The Post-Standard: Supreme Court agrees to review Exxon Valdez case
Mass Tort Litigation Blog: U.S. Supreme Court to Review Exxon Valdez Punitive Damages
Democratic Underground: Supreme Court agrees to review Exxon Valdez damages
SCOTUSblog: Court to rule on Exxon Valdez verdict

Related Pages on Mahalo

Exxon Valdez Oil Spill | ExxonMobil | The U.S. Supreme Court

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