Saturday, 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.

http://lawprofessors.typepad.com/mass_tort_litigation/2006/09/exxon_asked_to_.html

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