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Exxon Asks Court to Toss $2.5B Payout

Supreme's justices appear to be split in Valdez case

By Zach Samalin,  Newser Staff

Posted Feb 27, 2008 8:52 PM CST

(Newser) – Nearly 20 years after the Exxon Valdez spilled 11 million gallons of crude oil in Prince William Sound, the company asked the Supreme Court to reject a ruling that it pay $2.5 billion in punitive damages. Judges appeared split in today's arguments, USA Today...   Read full story »

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