More on ExxonMobil v. State

As we reported yesterday, the Alabama Supreme Court issued its opinion in Exxon Mobil Corp. v. Alabama Department of Conservation and Natural Resources, Ms. 1031167 (Ala. Nov. 1, 2007), in which the Court struck the $3.5 billion punitive damage award in its entirety, and reduced the breach of contract award by approximately $11.8 million. 

Follow the links for articles on this opinion…

"Exxon Wins $3.5 Billion Appeal in Alabama Fees Case" – Bloomberg

"$3.6 billion ruling rejected" – Birmingham News

"Ala. Court Cuts $3.6B Verdict Vs. Exxon" – AP