United States Ninth Circuit
In re: The Exxon Valdez, 04-35182, 04-35183
An award of $4.5 billion in punitive damages imposed in litigation arising as a result of the 1989 grounding of the oil tanker Exxon Valdez and the resulting economic harm is reduced to $2.5 billion where the ratio of punitive damages to actual economic harm resulting from the spill, reflected in the district court's award, exceeded by a material factor a ratio that would be appropriate under a prior opinion and current controlling Supreme Court analysis.
Appellate Information
- Argued 12/15/2008
- Decided 12/22/2006
- Published 12/22/2006
Judges
- Before MARY M. SCHROEDER, ANDREW J. KLEINFELD and SIDNEY R. THOMAS, Circuit Judges.
Court
- United States Ninth Circuit
Counsel
- For Appellees:
- Jeffrey L. Fisher, Davis Wright Tremaine LLP, Stanford, CA, for the plaintiffs-appellees-appellants., Jonathan Hacker, O'Melveny & Myers LLP, Washington, DC, for the defendants-appellants-appellees.