Exxon Valdez: $500 million interest due

In a ruling that the Ninth Circuit Court said it hoped would bring to an end the years-long legal battle over harms done by the massive oil spill from the supertanker Exxon Valdez in Alaskan waters in 1989, a three-judge Circuit panel on Monday found that the ship’s owner must pay about $500 million in … Continue reading Exxon Valdez: $500 million interest due