ELR Citation: ELR 20001
No(s). s. 04-35182, -35183 (9th Cir. Dec 22, 2006)

The court cut nearly in half the $4.5 billion punitive damages award against Exxon Mobil in connection with its 1989 oil spill in Prince William Sound, Alaska. The ratio of punitive damages to actual economic harm resulting from the spill exceeded by a material factor the ratio that would be appropr...