Exxon Asks Supreme Court to Limit $2.5 Billion Spill Tab

The Supreme Court agreed on Monday to review the $2.5 billion punitive damage award levied against Exxon Mobil for its role in the massive Exxon Valdez oil spill. Significantly, the Court limited the questions that it will review in the case in such a way as to sidestep Exxon Mobil's argument that the award violates the due process clause as well as maritime law. Complicating the issue is the decision by Justice Samuel Alito Jr. to recuse in the Court's action -- raising the possibility of a 4-4 split.

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