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September 2, 2006
Exxon Asked to Pay $92M for Lingering Problems From 1989 Alaska Spill
Article on law.com -- Exxon Asked to Pay $92M for Lingering Problems From 1989 Alaska Spill, by Jeanette J. Lee:
State and federal authorities on Thursday demanded $92 million from ExxonMobil Corp.
to clean up oil that has lingered in Prince William Sound and the Gulf of Alaska since
gushing from the Exxon Valdez tanker in 1989.
A $900 million settlement in 1991 included a "reopener" provision that allows a request
for up to $100 million more in cleanup money, as long as government officials prove that
wildlife or its habitat were still suffering spill-related setbacks that were unforeseen when
the settlement was signed.
September 2, 2006 | Permalink
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