Excessive award of punitive damages


In 1994, a federal jury in Alaska, USA awarded punitive damages against Exxon of $5 billion for the spectacular oil spill in Alaska's Prince William Sound in 1989. This is in addition to payment of $286 million in compensatory damages to 10,000 fishermen, of $2.9 billion on environmental cleanup, and $1 billion in settlements of various federal and state claims.

Broader Problems:
Predatory litigation
Related UN Sustainable Development Goals:
GOAL 4: Quality EducationGOAL 16: Peace and Justice Strong Institutions
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST