SAN FRANCISCO (AP) - June 15, 2009 The ruling by 9th U.S. Circuit Court of Appeals in San Francisco
on Monday affirms the figure set by the U.S. Supreme Court last
year. It also awards interest payments at 5.9 percent to plaintiffs
from the date of the original judgment in 1996.
Plaintiffs originally were awarded $5 billion, but that amount
was cut in subsequent appeals by Irving, Texas-based Exxon.
The tanker Exxon Valdez ran aground March 24, 1989,
spewing 11 million gallons of crude into Prince William Sound. The
incident remains the worst oil spill in the nation's history.
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