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Exxon gets court review of $2.5 billion Valdez award

The U.S. Supreme Court agreed to hear Exxon Mobil Corp.'s appeal of a $2.5 billion punitive damage award to victims of the 1989 Valdez oil spill, the largest in U.S. history. Exxon seeks to avoid having to make what would be the largest-ever punitive damage payment. A federal appeals court in December reduced the award in ...

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