- Jun 27, 2005
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I'll spare you the rest. Basically the SC in 2003 said that punitive damages couldn't exceed 9 times general damages. The current punitive penalty against Exxon is about 17 times damages. The original judgement was $5 billion.
Bear in mind the accident happened 17 years ago and at the time the lawyers from Exxon stated (off the record of course) that everyone involved would die of old age before they paid a cent.
The whole thing is an effort to settle the case once and for all. But at what cost? Buncha bull sh!t if you ask me. Fvcking OJ Simpson justice. If you have the money to hire the right lawyers you can avoid justice. Makes me sick.
The ninth circuit can, once again, blow me.
SAN FRANCISCO - A federal appeals court on Friday cut in half a $5 billion jury award for punitive damages against Exxon Mobil Corp. in the 1989 Valdez oil spill.
I'll spare you the rest. Basically the SC in 2003 said that punitive damages couldn't exceed 9 times general damages. The current punitive penalty against Exxon is about 17 times damages. The original judgement was $5 billion.
Bear in mind the accident happened 17 years ago and at the time the lawyers from Exxon stated (off the record of course) that everyone involved would die of old age before they paid a cent.
The whole thing is an effort to settle the case once and for all. But at what cost? Buncha bull sh!t if you ask me. Fvcking OJ Simpson justice. If you have the money to hire the right lawyers you can avoid justice. Makes me sick.
The ninth circuit can, once again, blow me.
