Excessive award of punitive damages

Incidence 
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.
Claim 
Punitive damages need stern legislative review. The quest for punitive damages has become a trial lawyers' blood sport presenting tempting opportunities to raid someone else's purse.
Strategy(ies) 
Value(s) 
Type 
(J) Problems under consideration