Monday, June 15th, 2009

9th Cir: Court Awards Interest Back to 1996, But No Costs to Exxon Valdez Plaintiffs

The Court held this Monday morning:

Because the evidentiary and legal bases for the original judgment of punitive damages have not been overruled, we award interest on the final judgment of $507.5 million, at the statutorily set rate of 5.9%, to run from the date of the original judgment, September 24, 1996. Because the amount of […]