Decades After NYC Spill, N.Y. Sues ExxonMobil

Law360, New York (February 8, 2007, 12:00 AM EST) -- Over half a century after plumes of oil first oozed into Greenpoint, Brooklyn, the State of New York on Thursday finally initiated legal action against ExxonMobil and four other oil companies to force a cleanup of what has turned into a 17 million gallon spill.

The spill came from numerous leaks in the 1940s and 50s from nearby refineries owned by ExxonMobil, ChevronTexaco and other oil companies. It remained undetected until a 1978 U.S. Coast Guard patrol discovered large plumes of oil flowing out from Newton...
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.