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26 Jun 2008, 7:02 pm
Exxon Shipping Co. v. [read post]
26 Jun 2008, 6:28 pm
Once again, when push came to shove in the biggest cases of the term (Guantanamo detainees, gun rights, the death penalty for child rapists, punitive damages for the Exxon Valdez, and the millionaires' amendment to the campaign finance laws), the Court was maximally divided with Justice Kennedy holding the deciding vote. [read post]
26 Jun 2008, 6:20 pm
Indeed, Exxon testified at trial that the original punitive damage award of $5 billion "would not have a material impact on the corporation or its credit quality. [read post]
26 Jun 2008, 2:03 pm
" The newspaper also contains an editorial entitled "Exxon verdict: Supreme Court makes life easier for corporate wrong-doers. [read post]
26 Jun 2008, 12:58 pm
Most consumers, especially residents of Alaska who's lives were forever harmed by this large corporation, see this slashing of damages as a big corporate slap in the face! [read post]
26 Jun 2008, 8:35 am
Supreme Court Reduces Damages Awarded in Exxon Case
Legal Times
A punitive damage award in the Exxon Valdez oil spill case that once amounted to $5 billion was knocked down to $507.5 million by the Supreme Court on Wednesday. [read post]
25 Jun 2008, 11:41 pm
Exxon Shipping. [read post]
25 Jun 2008, 6:57 pm
Is the result of this decision really that corporate actors will choose the proper course of action--forgoing a bad behavior because it will cost the corporation twice the actual damages? [read post]
25 Jun 2008, 6:02 pm
As regular readers know, I think many folks get overpunished in American society, but I have never had corporations and child rapists high on my list of those needing extra protection from the Justices. [read post]
25 Jun 2008, 5:51 pm
” It hardly will be a surprise if lawyers for corporations facing large punitive awards will find ways to cite Exxon Shipping as persuasive authority for adopting the numbers approach as a workable formula under the Constitution. [read post]
25 Jun 2008, 10:06 am
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. [read post]
16 Jun 2008, 4:13 am
The idea that there is something wrong with associations with companies like UBS, Exxon Mobil and Hewlitt Packard is absurd. [read post]
13 Jun 2008, 7:55 pm
They point to the important distinction between a case brought against a sovereign and a case, such as this one, brought against a private corporation that does not claim immunity. [read post]
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. [read post]
6 Jun 2008, 5:16 pm
Justice Alito also pared some of his stock holdings, according to the report, by selling a stake in Intel and selling part of his holdings in Bristol-Myers Squibb, McDonald and Exxon. [read post]
2 Jun 2008, 7:20 am
Driven by a mix of corporate governance zeal and fiduciary duty, mutual funds, pension funds, and other institutions invest in proxy voting research and vote their shares almost 100% of the time. [read post]
30 May 2008, 6:00 am
INVESTOR'S BUSINESS DAILY: Exxon Mobil's CEO says his energy company's "corporate social responsibility" is to produce more energy. [read post]
28 May 2008, 11:21 am
Conference of June 12, 2008 __________________ Docket: 07-81 Name: Exxon Mobil v. [read post]
24 May 2008, 10:50 pm
Alvarez Machain, the Supreme Court did not entirely rule out bringing suits against transnational corporations (TNCs). [read post]
21 May 2008, 10:47 am
I am teaching MONKS in my new course at Senior College in Rockland on The Corporation and the New Capitalisms. [read post]
