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FORUM « Presumed Guilty of Child Abuse | Sexual Harassment: A Strange, Vague "Tort" » February 28, 2008Huge Punitive Damage Award Likely To Be Trimmed, Not Eliminated The record-setting $2.5 billion punitive damage award against Exxon for an Alaskan oil spill will likely be trimmed, but not eliminated, judging from the oral argument yesterday in Exxon Shipping Co. v. Baker. Michael Krauss, Jacob Sullum, and Ted Boutros argued earlier against the huge award. Exxon argues that maritime law precedent bars the punitive damages. Posted by Hans Bader at 11:59 AM | TrackBack (0) |
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Published by the Manhattan Institute
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