Court slashes judgment in Exxon Valdez disaster from $2.5B to $.5B
Wednesday, June 25th, 2008In dissent, Justice John Paul Stevens supported the $2.5 billion figure for punitive damages, saying Congress has chosen not to impose restrictions in such circumstances. Justice Ruth Bader Ginsburg also dissented, saying the court was engaging in "lawmaking" by concluding that punitive damages may not exceed what the company ...