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The Exxon Valdez ran aground on a reef in the Prince William Sound nearly 20 years ago. But the complex legal fallout from the ensuing environmental disaster and a record punitive damages award has just reached the shores of the U.S. Supreme Court. Exxon Mobil Corp. recently filed a petition asking the high court to review and overturn a $2.5 billion punitive award � the largest punitive damages award ever affirmed by a federal appellate court.
September 10, 2007 at 12:00 AM
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The original version of this story was published on National Law Journal
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