August 12, 2022
A district court correctly sent a pollution coverage dispute between ExxonMobil and its insurer to arbitration but wrongly awarded the energy company pre-arbitral award interest beyond the policy's $25 million liability limits, a Second Circuit panel said in a published opinion Friday.
May 11, 2022
The Second Circuit's review of ExxonMobil Corp.'s $25 million arbitration award in a pollution coverage dispute, which was initially confirmed by a federal judge who held stock in the company, will have a direct impact on Americans' confidence in the judicial system and could have global ramifications, experts say.
January 07, 2021
ExxonMobil Oil Corp. is asking the Second Circuit to reject an appeal from TIG Insurance Co. over a $25 million arbitration award for coverage of groundwater contamination lawsuits, saying the arbitration process is backed by the policy.