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Monday, June 30, 2008

Palin: Exxon Valdez decision ‘gutted’

ANCHORAGE — Governor Sarah Palin responded today to the announcement that the U.S. Supreme Court has handed down its decision in the Exxon Valdez case. The Court awarded no more than $507.5 million in punitive damages to the plaintiffs, or about 10 percent of the jury’s original award.

“I am extremely disappointed with today’s decision by the U.S. Supreme Court,” Palin said. “While the decision brings some degree of closure to Alaskans suffering from 19 years of litigation and delay, the Court gutted the jury’s decision on punitive damages.”

She added, “It is tragic that so many Alaska fishermen and their families have had their lives put on hold waiting for this decision. My heart goes out to those affected, especially the families of the thousands of Alaskans who passed away while waiting for justice.”

Palin noted that the decision today undercut one of the principal legs of deterrence for those engaged in maritime shipping in Alaska waters. She called on state and federal agencies to be vigilant and firm in regulating such activities.

Comments

So, you are trying to tell us that the spill was not cleaned up?


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on June 30, 2008 at 05:03 pm
Avatar for reb willard

I believe punitive damages are above and beyond the actual cost of the damage caused. It’s the punishment for a company or person being negligent.

reb willard on September 4, 2008 at 01:37 pm
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