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Exxon Valdez Case Decided with Supreme Court Reducing Punitive Damages |
July 16, 2008
Previously published on July 2008
On June 25, 2008, in Exxon Shipping Co. v. Baker, the Supreme Court of the United States, in a 5¿3 decision, greatly reduced punitive damages awarded in the Exxon Valdez oil spill case from $2.5 billion to $507.5 million.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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