Judge Won't Force $92M In Exxon Valdez Payments

Law360, New York (March 08, 2011, 2:15 PM ET) -- A federal judge in Alaska on Monday tossed a third-party motion to force Exxon Mobil Corp. to pay an additional $92.2 million in damages in a long-running case over the 1989 Exxon Valdez oil spill.

The U.S. government and Alaska, the two plaintiffs in the case, both asked that the long-dormant case remain closed for now and said it would be counterproductive to reopen the case against their wills, Judge H. Russel Holland of the U.S. District Court for the District of Alaska said in an...
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