Exxon Valdez $2.5 billion oil spill ruling overturned

News Type: Event — Seeded on Wed Jun 25, 2008 8:00 PM EDT

Article Source: Reuters

By James Vicini WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday threw out the record $2.5 billion in punitive damages that Exxon Mobil Corp had been ordered to pay for the 1989 Exxon Valdez oil spill off Alaska, the nation's worst tanker...

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{"commentId":2050258,"authorDomain":"tucanofulano"}

tucanofulano

Here's a "hypothetical" - pay each of 5 supremes 1/5 of a billion each, and save 1.5 Billion by securing a "get out of jail free card". Possible? Probable?

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1 vote

#1 - Wed Jun 25, 2008 8:00 PM EDT

{"commentId":2054312,"authorDomain":"Jerry611"}

Jerry Verlinger

This is an outrage!, and now that the "Surpreme 9" have spoken, there is nothing anybody can do about it.

Can the oil companie be that powerful?!

Did they get to the Supreme Court Judges?!

A company with 40 Billion Dollars in one years profits....

can't and won't help American citizens whose lives they have destroyed?!

What the hell is going on??!!

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#2 - Thu Jun 26, 2008 12:03 PM EDT

{"commentId":2054491,"authorDomain":"Jerry611"}

Jerry Verlinger

Dissenting Justices John Paul Stevens, Ruth Bader Ginsburg and Stephen Breyer would have upheld the award. They said "Congress, not the court, should set limits on punitive damages under maritime law."

This another case where the court is "making law".

Breyer said this was no ordinary reckless behavior case.

RELAPSED ALCOHOLIC

"The jury could reasonably have believed that Exxon knowingly allowed a relapsed alcoholic repeatedly to pilot a vessel filled with millions of gallons of oil through waters that provided the livelihood for the many plaintiffs in this case," he said

By the way .... isn't this the same bunch that put George Bush, with all his oil cronies, in power?

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#3 - Thu Jun 26, 2008 12:21 PM EDT

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Justices Hugely Cut Damages Award in Exxon Valdez Spill	The New York Times	Wed Jun 25	10
KTUU.com \| Alaska's news and information source \| Court reduces Exxon Valdez damages 80 percent	KTUU.com, Channel 2 News, Anchorage, Alaska	Wed Jun 25	1
Oil spill ruling leaves Alaska victims stunned	Associated Press	Wed Jun 25	10
Court slashes judgment in Exxon Valdez disaster	AOL	Wed Jun 25	1
Supreme Court to issue decision on D.C. gun case	Associated Press	Mon Jun 23	0

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Exxon Valdez $2.5 billion oil spill ruling overturned

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What the hell is going on??!!

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