Exxon Mobil must pay an additional $480 million in interest on delayed punitive damages awards to those injured by the 1989 Exxon Valdez oil spill, more than doubling the company's costs to settle the lawsuits according to this article in the LA Times.
The same article also reports that the U.S. Supreme Court has struck down as unconstitutional a tax imposed by the city of Valdez on oil tankers docking at the city's port.
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