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Vol. 14, No. 35 Week of August 30, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Big round of Exxon Valdez payments coming

Lawyers for thousands of fishermen, other plaintiffs to begin dividing $470M in interest Exxon paid on punitive damages award

Wesley Loy

For Petroleum News

Since December, lawyers for plaintiffs in the epic Exxon Valdez oil spill case have been working to distribute $383 million in punitive damages to thousands of commercial fishermen and other claimants in various categories. Now the lawyers are preparing to distribute an even bigger sum $470 milli....

    [additional news subjects in this story]

Case nearing end

Payments range to $300,000


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