NYC Beats Out Exxon In Phase 2 Of MTBE Trial

Law360, New York (August 26, 2009, 6:51 PM EDT) -- A federal jury has sided with New York City in the second phase of a $250 million trial over groundwater allegedly contaminated by Exxon Mobil Corp., paving the way for the case to continue to a high-stakes showdown in phase three.

In a verdict delivered Wednesday afternoon, jurors in the U.S. District Court for the Southern District of New York found that gasoline additive methyl tertiary butyl ether would likely be present in the water supply beneath five city wells by 2024.

More than three weeks...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.