Exxon Ruling Is Useful For Evaluating NJ Pollution Claims

Law360, New York (September 4, 2015, 1:53 PM EDT) -- David J. Mairo

Dennis M. Toft On Tuesday, Aug. 25, 2015, the Honorable Michael J. Hogan issued his much anticipated decision approving a $225 million consent judgment entered into between the New Jersey Department of Environmental Protection and ExxonMobil Corp. to resolve natural resource damages claims. The proposed settlement caused much public outcry and opposition due largely to the fact that the state originally quantified NRDs at $8.9 billion. The settlement of the state's NRD claims not only resolved litigation associated with Exxon's former petroleum refinery and storage facility in Bayonne, but also pending NRD claims in New Jersey Department of...

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