Law360, New York (February 16, 2012, 2:30 PM ET) -- A federal judge on Wednesday refused to release Exxon Mobil Corp. from further cleanup expenses stemming from the 1989 Exxon Valdez oil spill off the coast of Alaska after the U.S. requested an additional $92 million from the oil giant.
Exxon's bid for enforcement of 1991 consent decree to release it from cleanup obligations is premature because the U.S. has not yet asked the court to enforce the provision of the decree governing additional payments, U.S. District Judge H. Russel Holland ruled.
Exxon called “upon the...
Exxon Valdez Judge Won't Rule On $92M Damages Demand
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