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25 Sep, 2008 2:33 pm
... . art. I, § 4 and the Fifth Amendment of the U.S. Constitution. M.J. Farms, Ltd. v. Exxon Mobil Corp., 2007-2371 (La. 7/1/08); ____
So. 2d ____. However, on page 30 of ... (H). It is only when no such proviso exists, that Act 312 mandates the state's involvement. Exxon
Mobil Corporation and the State of Louisiana filed Applications for Rehearing asking the Court to modify, reconsider or strike this
paragraph of the Court's Opinion because Act 312 applied to all claims, including claims based on a ...
2 Jul, 2008 3:13 pm
... the State's natural resources were not being protected under then-existing laws. The constitutionality of Act 312 was recently challenged in M.J. Farms, Ltd. v. Exxon Mobil Corporation, No. 07-CA-2371. In a unanimous opinion rendered by the Court, Act 312 was held to be
not only constitutional but also applicable to legacy cases. The plaintiff, M.J. Farms, Ltd., made two arguments: that Act 312 was inapplicable to ...
3 Apr, 2008 5:53 pm
Today, the Fourteenth Court of Appeals in Texas issued its opinion in Exxon Mobil Corporation
v. Altimore, reversing a punitive damages award against Exxon Mobil in an asbestos case. In this "take home" or "secondhand" asbestos
exposure case ... to an extreme degree of risk. The appellate court found that the record contained insufficient evidence to support the conclusion that Exxon was aware of an extreme degree of risk to the plaintiff during the relevant time period. First, the court noted that ...
29 Oct, 2007 10:23 am
[JURIST] The US Supreme Court [official website; JURIST news archive] granted certiorari Monday in a dispute over the punitive damages to be paid by Exxon Mobil [corporate website] for the 1989 Exxon Valdez oil spill [EPA backgrounder].
Exxon Mobil and its shipping subsidiary have been ordered to pay $2.5 billion in punitive damages for the spill of 11 million gallons of
crude oil in Prince
15 Jun 11:41 pm
[JURIST] The US Court of Appeals for the Ninth Circuit [official website] ruled [opinion, PDF] Monday that Exxon Mobil [corporate
website] owes interest on the more than $500 million in punitive damages awarded against it following the 1989 Exxon Valdez oil spill [EPA
backgrounder; JURIST news archive]. The court found that the interest began accumulating following the original 1996 verdict in
3 Nov, 2008 2:25 am
... is a Vancouver, Wash.-based company that helps others expand their business presence in South Asia. On Oct. 27, Exxon sued X On in the
Western District for trademark infringement, unfair competition, dilution, and unjust enrichment. Plaintiff claims defendant's X ... and business consultation, and in Class 42 for
electrical, mechanical, and energy technologies. In May, Exxon petitioned to cancel the registration. The case cite is Exxon Mobile Corp. v. X On Wireless Corp., No. 08-5652 (W.D. Wash.).
17 Nov, 2008 1:15 pm
Exxon-Mobile is an oil company, as it likes to say. As such, it has had a history of resisting
pressure to do more in the area of alternative energy sources and the reduction of green house gasses. In 2008, the company confronted a ... and the new administration. The question for
Exxon, which Mr. Obama repeatedly singled out as an exemplar of corporate greed during the presidential campaign, is whether the model
that has served the company so well for so long will keep it competitive - or whether it ...
11 Apr, 2008 7:59 am
We couldn't help but do a double-take as we read the proxy that Exxon Mobil (XOM) filed yesterday. And it had nothing - really - to do
with compensation or perks. As the WSJ pointed out this ... to approve submission of such proposals. Stock ownership has become politicized. Many shareholders own stock in
publicly-owned corporations in order to use the corporations as a means of advancing the particular shareholders' social or political agenda. A primary tool of 'activist'
or 'nuisance' shareholders ...
5 Feb 9:00 am
... to the bailout get rid of their corporate jets (this was required as part of the bailout of the auto companies), we have noted that other companies not obtaining government
largess are still operating the planes. Exxon-Mobile recently reported that it had a record ...
Delaware law in short. In other words, while financial institutions and companies taking bailout money are selling the corporate aircraft, there's no guarantee that the practice
has actually become widespread in other areas of business.
20 Nov 8:09 am
ANOTHER CLASS-ACTION UNDONE BY THE TEXAS SUPREME COURT Exxon Mobil Corp. v. Gill, No. 07-0404 (Tex. Nov. 20, 2009)(per curiam)(class
action ... over pricing and rebates is vacated and the case is remanded to that court for further proceedings) EXXON MOBIL
CORPORATION v. DAN GILL, ET AL.; from Nueces County; 13th district (13 ... for review mooted by settlement and status change to "settling
person") ZACHRY CONSTRUCTION CORPORATION, ET AL. v. TEXAS A&M UNIVERSITY; from Brazos County; 10th district ( ...
20 Oct 7:54 am
... the New York City trial team that today obtained a $104.7 million compensatory damage award against Exxon Mobil Corporation. The federal jury found the oil company responsible for poisoning the City's groundwater and drinking water supply with ... New York.
Exxon Mobil was the lone holdout defendant. According to the City's press release, "The jury found Exxon liable for product liability for failure to warn people about the dangerous nature of its product as well as trespass, public nuisance, and ...
7 Jul, 2008 3:20 am
... last week following the Supreme Court's decision to cut the punitive damages in the Exxon Valdez oil spill to a week's worth of
Exxon Mobil's profits. The chamber, through two affiliates, the National Chamber Litigation ... only good regulation is self-regulation.
… At the same time, however, it ought to be equally offensive to our sense of justice that corporate defendants are routinely allowed to manipulate the judicial process with an
endless stream of motions, depositions and appeals, many as ...
25 Jun, 2008 10:06 am
[JURIST] The US Supreme Court [official website; JURIST news archive] handed down four decisions Wednesday, including Exxon v. Baker [Duke Law
backgrounder; JURIST report], in which the Court ruled 5-3 to reduce a punitive damages award to be paid by Exxon Mobil
[corporate website] for the 1989 Exxon Valdez oil spill [EPA backgrounder] from $2.5 billion to $500 million. Exxon Mobil and its
27 Feb, 2008 3:27 pm
[JURIST] The US Supreme Court [official website; JURIST news archive] Wednesday heard oral arguments [transcript, PDF] in Exxon Shipping Co. v.
Baker [SCOTUSblog backgrounder; merit briefs] 07-219, where the Court considered the punitive damages to be paid by Exxon Mobil
[corporate website] for the 1989 Exxon Valdez oil spill [EPA backgrounder]. Several justices indicated they may be willing to
13 Aug, 2008 3:06 am
[JURIST] The US Supreme Court [official website; JURIST news archive] on Tuesday declined to rule [order, PDF] on whether Exxon Mobil
[corporate website] owes interest on a punitive damages award entered against it for the 1989 Exxon Valdez oil spill [EPA backgrounder].
In June, the Supreme Court ruled 5-3 [opinion; JURIST report] to reduce a punitive damages award to be paid by Exxon from $2.5
7 Jun, 2008 4:46 am
[JURIST] The CEO of Exxon Mobil [corporate website], Rex Tillerson [corporate profile], said Saturday that Russia needs to
make changes to its judicial system in order to attract foreign investment. Speaking at the St. Petersburg International Economic Forum (SPIEF) [official website], he said: "[Russia]
must improve the functioning of its judicial system. There is no confidence in the rule of
7 Apr, 2008 5:13 pm
... owners after seizure. The recent nationalization of oil projects by Venezuela begs the question: what recourse do corporations like Exxon-Mobil (Exxon) have if their investments are nationalized? The dispute between Exxon and Venezuela began ... The political process, however, is not a panacea. In the dispute, the Venezuelan government is unlikely to bargain. Venezuela
claims that Exxon threatens the very sovereignty of the country. It has a strong point, considering that PDVSA accounts for 90% of ...
15 Jun 11:52 am
... a further ruling that they were entitled to interest from the September 1996 date when the District judge made the punitive award. Exxon
Mobil replied that the Court should rule on the interest issue; if it did not, the company said, it would ... dissenting, wrote that he was "unable to concur regarding costs.
Satisfying though it may be to shovel money from a large corporation to those whom it wronged, respect for the Supreme Court decision in this
case and precedent in other circuits obligates us ...
6 Nov, 2007 5:15 am
... , Hoover Institution, Stanford University, who also sits on three other public company boards, Oracle Corporation; Shinsei Bank; Vodafone
William W. George (64), Professor of Management Practice, Harvard ... stance towards management. In other words, the board is largely a mirror image of the CEO. This suggests that when
the CEO of Exxon Mobile consults with his board, he does not get a very diverse viewpoint in
response. When the subject of global warming comes up, one suspects he's more likely to ...
14 Mar, 2006 9:29 am
... rejected defendant's arguments and found that "[u]ultimately, the United States … has an overarching, vital interest in the safety, prosperity, and consequences of the behavior of
its citizens, particularly super-corporations conducting business in one or more foreign countries." (See Judge's order here). The San Jose Mercury News reports that
Exxon Mobil Corp. intends to appeal the ruling.
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