We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Supreme Court Rejects Exxon Bid To Reclaim $150M

Law360 (January 12, 2009, 12:00 AM EST) -- The U.S. Supreme Court has refused to review Exxon Mobil Corp.'s bid to restore a U.S. Federal Energy Regulatory Commission finding that the energy giant is owed more than $150 million in refunds for its undervalued crude oil.

The high court's decision Monday to deny Exxon's petition for certiorari effectively affirmed a ruling in the U.S. Court of Appeals for the District of Columbia Circuit that overturned the refund award.

The case stems from a supplemental initial decision issued by a FERC administrative law judge in...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.