Plaintiffs' Firms Seek Payout For Valdez Saga

Law360, New York (May 1, 2009, 12:00 AM EDT) -- Now that the majority of plaintiffs in the Exxon Valdez lawsuit have received their share of a $383 million payout, the 22 law firms that represented them for roughly two decades have suggested a way to divvy up the fund for their services, even though the final value of the punitive damages award remains uncertain.

On Thursday the fee committee for the firms that worked on behalf of the plaintiffs asked Judge H. Russel Holland of the U.S. District Court for the District of Alaska to...
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