Exxon shipping co v baker
WebExxon Shipping Co. v. Baker, 554 U. S. 471, 507–508 (2008). This maritime tort case raises a question about the scope of a manufacturer’s duty to warn. The manufac-turers here produced equipment such as pumps, blowers, and turbines for three Navy ships. The equipment re-quired asbestos insulation or asbestos parts in order to function as ... WebExxon Shipping Co. v. Baker - 554 U.S. 471, 128 S. Ct. 2605 (2008) Rule: A 1:1 ratio of compensatory-to-punitive damages is a fair upper limit in maritime tort cases. Facts: Oil spilled from a tanker.
Exxon shipping co v baker
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Weba punitive damages/compensatory damages maximum ratio of 1.0 in Exxon Shipping Co. v. Baker, which it viewed as an appropriate upper bound ratio for maritime oil spill cases.13 In her opinion that dissented in part, Justice Ginsburg hypothesized that the 1:1 ratio of punitive damages to compensatory damages might have broader applicability in WebExxon Shipping Co. v. Baker, at 2618. USSC disagreed with Exxon’s argument that maritime common law should not allow punitive damages. The USSC developed a ratio to determine compensatory to punitive damages, thus, guiding lower courts in calculating punitives in cases with similar conduct concerns.
WebFeb 27, 2008 · Exxon knew that Hazelwood had resumed drinking but did not relieve him of his post, and the ship eventually spilled 11 million gallons of oil into the ecologically sensitive sound. The jury calculated compensatory damages at $287 million, and then awarded $5 billion in punitive damages. WebJun 25, 2008 · June 25, 2008. The Supreme Court held that a $2.5 billion punitive damages award against Exxon was excessive as a matter of maritime common law, and limited the award to a 1:1 ratio of compensatory to punitive damages. In the ruling, the Court was equally divided on whether maritime law allows corporate liability for punitive damages …
WebOne of Exxon’s arguments—that the jury was inappropriately allowed to consider its wealth—was procedural in character. See Brief for Petitioner at 55– 56, Exxon Shipping Co. v. Baker, 128 S. Ct. 2605 (2008) (No. 07-219). But the Court ultimately declined to address the argument. See generally Exxon Shipping Co. v. Baker, 128 S. Ct. 2605 ... Web1 Exxon Shipping Co v Baker, 128 S Ct 2605 (2008). 2 The compensatory damages reference point used by the U.S. Supreme Court is $507.5 million rather than the original $287 million verdict because the Court accepted the District Court’s calculation of the total compensatory damages. See id at 2605, 2622.
WebJun 18, 2024 · Exxon Shipping Co. v. Baker, 554 U.S. 471, 486 n.5 (2008) (citations and quotation marks omitted); accord United States v. Metro. St. Louis Sewer Dist., 440 F.3d 930, 933 (8th Cir. 2006) ("It should be noted that Rule 59(e) motions serve the limited function of correcting manifest errors of law or fact or to present newly discovered …
Exxon urges the United States Supreme Court to find that under maritime law a court may not award punitive damages against a ship owner for a ship master's acts, unless the owner authorized, ratified, or participated in those acts. Exxon further contends that the Alaska district courtjury's sole basis for awarding punitive … See more Exxon also argues that it should not have been subjected to punitive damages for the oil spill under maritime law because congressionally … See more Exxon says that if the Court allows punitive damages under general maritime law, it should at least use its position at the top of the federal court hierarchy to set standards for the … See more herculaneum tour guideWebExxon spent some $2.1 billion in cleanup efforts, pleaded guilty to criminal violations occasioning fines, settled a civil action by the United States and Alaska for at least $900 million, and paid another $303 million in voluntary payments to private parties. matthew 417WebExxon Shipping Co. v. Baker, 554 U.S. 471 (2008) ..... 2, 24, 30 Federal Insurance Co. v. Keybank N.A., 340 Fed. App’x 5 (2d Cir. 2009) ..... 17 Fireman’s Fund Insurance Co. v. Great Ameri-can Insurance Co. of New York, 822 F.3d 620 matthew 4 18-22 nivWeb2008] EXXON SHIPPING CO. v. BAKER 143 II. BACKGROUND The Supreme Court’s decision in the noted case is grounded in maritime law. Maritime law is federal common law,15 but it is also judge- made in many respects.16 Theories that are well-grounded in land-based common law are not necessarily embraced by maritime decisions.17 For … matthew 4 18-20 nivWebAug 3, 2011 · In Exxon Shipping Co. v. Baker, the Supreme Court’s most recent opinion on punitive damage awards, the Court declared that the real problem with punitive damage awards is their “stark unpredictability.” The Court abandoned all hope that common law jury instructions could produce predictable punitive damage awards. Instead, the Court ... matthew 4 18-22 explainedWebEXXON SHIPPING CO. V. BAKER' The 2008 U.S. Supreme Court decision in Exxon Shipping Co. v. Baker is a landmark both with respect to the setting of punitive damages amounts and with respect to the use of statistical analysis of punitive damages awards to establish guidelines for punitive damages. The matthew 4:18-22WebIn Exxon Shipping Co. v. Baker, the U.S. Supreme Court recognized the right to recover punitive damages in admiralty cases and held that punitive damages in the case before it could not exceed the amount of the compensatory damages awarded plus the amount of settlements in related cases. In so holding, the Court reviewed many studies related to … herculan mf blue