Supreme Court Rejects Fish Cos.' $45M Valdez Claim

Law360, New York (March 9, 2010, 1:54 PM EST) -- The U.S. Supreme Court has refused to consider two seafood processors' bid to collect about $45 million in punitive damages over the Exxon Valdez oil spill despite having reached a separate $8.5 million settlement with Exxon Mobil Corp., leaving them to pursue their claims in district court.

Judge H. Russel Holland of the U.S. District Court for the District of Alaska ruled Monday that Polar Equipment Inc., which does business as Cook Inlet Processing, and Nautilus Marine Enterprises Inc. should tell the court whether they wish...
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