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druidity33

(6,958 posts)
48. The internet tells me...
Mon Jun 29, 2026, 05:46 PM
Jun 29

that Exxon paid out roughly 3 billion for the disaster that was Valdez. Wikipedia has the deets:

Exxon appealed again. On May 23, 2007, the 9th Circuit Court of Appeals denied ExxonMobil's request for a third hearing and let stand its ruling that Exxon owed $2.5 billion in punitive damages. Exxon then appealed to the Supreme Court, which agreed to hear the case.[49] On February 27, 2008, the Supreme Court heard oral arguments. Justice Samuel Alito, who at the time owned between $100,000 and $250,000 in Exxon stock, recused himself from the case.[50] In a decision issued June 25, 2008, written by Justice David Souter, the court vacated the $2.5 billion award and remanded the case back to the lower court, finding that the damages were excessive with respect to maritime common law. Exxon's actions were deemed "worse than negligent but less than malicious."[51] The punitive damages were further reduced to an amount of $507.5 million.[52] The Court's ruling was that maritime punitive damages should not exceed the compensatory damages,[52] supported by a precedent dating from 1818.[citation needed] Senate Judiciary Committee Chairman Patrick J. Leahy has decried the ruling as "another in a line of cases where this Supreme Court has misconstrued congressional intent to benefit large corporations."[53]

Exxon's official position was that punitive damages greater than $25 million were not justified because the spill resulted from an accident, and because Exxon spent an estimated $2 billion cleaning up the spill and a further $1 billion to settle related civil and criminal charges. Attorneys for the plaintiffs contended that Exxon bore responsibility for the accident because the company "put a drunk in charge of a tanker in Prince William Sound."[54] Exxon recovered a significant portion of clean-up and legal expenses through insurance claims associated with the grounding of Exxon Valdez.[55][56]

As of December 15, 2009, Exxon had paid the entire $507.5 million in punitive damages, including lawsuit costs, plus interest, which were further distributed to thousands of plaintiffs.[57] This amount was one-tenth of the original punitive damages, Exxon remained hugely profitable, the process of payment was drawn out over decades, and long term damage continues and is not funded by Exxon. Hence, the Exxon spill is often cited as shorthand for corporate responsibility for societal damage not being enforced adequately.[58]


https://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill

Recommendations

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Ooh, gonna be a busy day on Truth Social. tanyev Jun 29 #1
And those poor catsup bottles that are now, as we speak, MarineCombatEngineer Jun 29 #12
I'm hijacking that GIF! wolfie001 Jun 29 #18
How many of them will have a "retirement" announcement before the end of the year? Bengus81 Jun 29 #2
The SCOTUS has settled it!!---Trump LOST and IS a Sex Felon!! riversedge Jun 29 #3
He had a hand in Ivana's "fall" wolfie001 Jun 29 #19
Donald lost homegirl Jun 29 #22
So, in other words... ShazzieB Jun 29 #31
LOL popsdenver Jun 29 #32
What I learned homegirl Jun 29 #40
Now that would be hysterical......... popsdenver Jun 29 #45
The internet tells me... druidity33 Jun 29 #48
Thx Druid popsdenver Jun 29 #49
Didn't he have to put up the award in order to appeal? BonnieJW Jun 29 #44
Pay up, mf-ing rapist. Even your Supreme Court won't let you off this. (nt) muriel_volestrangler Jun 29 #4
According to Reuters, he'd had to put $5.55m in a federal court account to make his appeal muriel_volestrangler Jun 29 #5
Next will be homegirl Jun 29 #24
Ya damn skippy!!! PAY UP and STFU TRUMP!!!!!!!!! Bengus81 Jun 29 #13
Supreme Court shuts down Trump's sexual abuse appeal (trump has to pay the $5 million E. Jean Carrol judgment) LetMyPeopleVote Jun 29 #6
Great news here. Now the question of the day is bluestarone Jun 29 #34
Stock tip: BUY FUTURES IN HEINZ COMPANY. 3Hotdogs Jun 29 #7
MF47 won't get over this Ponietz Jun 29 #8
All he has left with this case is an executive order... WestMichRad Jun 29 #9
The media should start referring to him as rapist Trump. SamuelAdams Jun 29 #10
So can she finally go after her money? Put liens on his assets, start selling some Bev54 Jun 29 #11
Real total....$83 MILLION. How about a couple of years interest? Bengus81 Jun 29 #14
The $83 million verdict is still pending review. onenote Jun 29 #16
This is the one they will probably take on and rule in is favor for. chowder66 Jun 29 #20
Hope you're wrong too! bluestarone Jun 29 #35
There is an appeal bond up LetMyPeopleVote Jun 29 #23
And when he doesn't pay.....bench order for his fucking arrest! Bengus81 Jun 29 #42
The bonding company will pay Carroll. LetMyPeopleVote Jun 29 #46
So Trump owes some probably Epstein billionaire what $80+ million? Bengus81 Tuesday #51
Love it! homegirl Jun 29 #41
Hooray! creeksneakers2 Jun 29 #15
3 anti-tRUMP decisions in one day! wolfie001 Jun 29 #17
He won on firing Rebecca Slaughter - TBF Jun 29 #21
Awwwww................ LilElf70 Jun 29 #25
$5 million is just a drop in the bucket for him. llmart Jun 29 #28
Trump owes Carroll over $80 Million........ Bengus81 Tuesday #52
John Roberts totally deserves this-- viva la Jun 29 #26
Trump didn't appoint Roberts. onenote Jun 29 #38
Yeah, but he owns him. viva la Jun 29 #47
Does anyone know who dissented? PlanetBev Jun 29 #27
This was a "shadow docket" case BumRushDaShow Jun 29 #29
Actually, it was not a "shadow docket" case. onenote Jun 29 #39
I lump those in with the "shadow docket" BumRushDaShow Jun 29 #50
Wait till he finds out he can't fire Supreme Court Justices. Talitha Jun 29 #30
Oh he'll try durablend Jun 29 #43
It's good to know the Supreme Court is still capable of doing the right thing once in a while. ShazzieB Jun 29 #33
I hope she is safe and protected purr-rat beauty Jun 29 #36
ding. this . AllaN01Bear Jun 29 #37
Deadline Legal Blog-'Time for him to pay': E. Jean Carroll moves to collect after Trump's SCOTUS rejection LetMyPeopleVote Thursday #53
Judge slaps down Trump's latest dodge in E. Jean Carroll case LetMyPeopleVote Sunday #54
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