Written by Adrianne Madden
Tuesday, 16 June 2009
So is anybody jazzed that Exxon Mobil has been ordered to pay about $500 million in interest on the 507.5 million in punitive damages payments to plaintiffs in the 1989 Exxon Valdez oil spill in Prince William Sound?
Yeah, I didn't think so.
It's understandable. After all, Exxon can still appeal the 9th U.S. Circuit Court of Appeals in San Francisco's ruling. Given the years of protracted legal wrangling Exxon engaged in to whittle the punitive damages sum from $5 billion to $500 million, would it be surprising if the oil giant does so again?
If the appeals court's decision stands, average payments to Alaska natives, fishermen, related businesses and others harmed by the spill would double from $15,000 to $30,000. Considering the toll upon fishermen — years of lost income, families torn apart while waiting for years for the case to resolve — you can understand it if folks aren't jumping up and down for joy.
And if Exxon does appeal the ruling to the Supreme Court, who knows how long it'll take to render a decision? Hence, readers commenting on the Anchorage (Alaska) Daily News http://www.adn.com/2009/06/15/831867/court-rules-exxon-owes-a-billion.html article announcing the court's decision were underwhelmed by the ruling.
Asked one reader, "Do we REALLY believe that these folks will ever see any more money from Exxon?"
After years of disappointment, the plaintiffs will believe it when they see it.
National Fisherman Live: 3/10/15
In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
The National Marine Educators Association has partnered with NOAA this year to offer all NMEA 2015 conference attendees an educational session on how free NOAA data can add functionality to navigation systems and maritime apps.
Session topics include nautical charts, tides and currents, seafloor data, buoy networking and weather, among others.Read more...
NMFS announced two changes in regulations that apply to federal fishing permit holders starting Aug. 26.
First, they have eliminated the requirement for vessel owners to submit “did not fish” reports for the months or weeks when their vessel was not fishing.
Some of the restrictions for upgrading vessels listed on federal fishing permits have also been removed.Read more...