$2.5 Billion Punitive Damage Award Under Supreme Court Review

Earlier, I wrote about Exxon’s challenge to a $2.5 billion punitive damage award against it (in the Exxon Valdez oil spill case) that appeared to violate settled principles of maritime law. The Anchorage Daily News contains an update about the case, which is currently before the U.S. Supreme Court. Exxon’s brief, which has just been filed, can be found here. The name of the court case is Exxon Shipping Co. v. Baker.