The Supreme Court today further reduced the punitive damages against Exxon for the Valdez spill. The initial $5 billion judgment against Exxon has now been reduced to just over $1 billion, making attorney Walter Dellinger a $4 billion JD-brandishing superhero to big oil. Exxon profits were just under $4 billion per month in the first quarter of 2008.

This entry was posted on Wednesday, June 25th, 2008 at 12:52 pm by Conrad Saam, Marketing and is filed under Lawyers in the News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.