Exxon Valdez litigation update:

The Ninth Circuit Court of Appeals, on remand following the Supreme Court’s decision limited punitive damages to 1-1 ratio with compensatory damages, awarded post-judgment interest to the Plaintiffs in the amount of $507.5 million. Decision posted here.

But, per SCOTUSBLOG, Exxon has sought rehearing en banc, with regards to the denial of Exxon’s costs of court.