Liability Risk and Insurance
Exxon/seafood processors deal
Exxon Mobil has won the agreement of the ninth US circuit court of appeals, against a decision by the US district court in
Alaska, allowing a settlement with a group of Seattle seafood processors to proceed. This will allow the group to claim a
portion of the punitive damages against Exxon Mobil and cede back a large share of their recovery to the company.