Exxon Shipping Co. v. Baker

Posted At : July 1, 2008 10:17 AM
Related Categories: Energy,Environment,Crime/Justice,Supreme Court

http://laws.findlaw.com/us/000/07-219

5-3 Supreme Court decision that the $2.5 billion punitive damages award against Exxon was excessive and the award should be limited to $500 million in compensatory damages. Justice Alito owns Exxon stock and took no part in the decision. From Findlaw.com

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