Court Orders $507.5 Million Damages In Exxon Valdez Spill

LOS ANGELES (Reuters) - A federal appeals court on Monday ordered Exxon Mobil Corp to pay $507.5 million in punitive damages stemming from the 1989 Exxon Valdez oil spill off Alaska, plus 5.9 percent interest running from the 1996 trial judgment, the opinion said.

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Topics:  alaska   exxon mobil   oil spill   punitive damages   trial   
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