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Home > "NJ Judge Approves Exxon $225 Million Cleanup Settlement"

"NJ Judge Approves Exxon $225 Million Cleanup Settlement" [1]

"Exxon Mobil Corp's controversial $225 million settlement with New Jersey of a longstanding environmental pollution case won approval on Tuesday from a state judge, despite objections from critics who viewed the accord as a sellout.

Judge Michael Hogan of the State Superior Court called the accord a "reasonable compromise" even though the payout was less than 3 percent of the $8.9 billion of damages that New Jersey had estimated.

Environmental critics and Democratic legislators have faulted the administration of Gov. Chris Christie, a Republican running for U.S. president, for entering a lowball settlement rather than pressing ahead with litigation that began in 2004."

Jonathan Stempel reports for Reuters August 26, 2015. [2]

SEE ALSO:

"Lawmaker Sees Opening for Appeal of $225m Exxon Ruling" (AP) [3]

Energy & Fuel [4]
Laws & Regulations [5]
Pollution [6]
Northeast (CT MA ME NH NJ NY RI VT) [7]
Public [8]
Source: Reuters [2], 08/26/2015
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Links
[1] https://www.sej.org/headlines/nj-judge-approves-exxon-225-million-cleanup-settlement [2] http://planetark.org/wentweet/73570?utm_medium=twitter&utm_source=twitterfeed [3] http://hosted2.ap.org/APDEFAULT/EnvironmentandNature/Article_2015-08-26-US--Exxon%20Mobil-Settlement/id-2e04d97b8a7341b093462b0d8eb42004 [4] https://www.sej.org/category/topics-beat/energy [5] https://www.sej.org/category/topics-beat/laws [6] https://www.sej.org/category/topics-beat/pollution [7] https://www.sej.org/category/region/national/northeast [8] https://www.sej.org/taxonomy/term/81