Nearly two decades after the Exxon Valdez ran around on Bligh Reef in Prince William Sound, the U.S. Supreme Court has taught Exxon (now ExxonMobil) and corporations everywhere a lesson: Don't pay off legal judgments. Stall, stall, stall for 19 years. Courts have held that Exxon must pay $2.5 billion in punitive damages for spilling…
Eugene Goldman is a partner in the law firm of McDermott Will & Emery LLP and is based in the Firm's Washington, D.C., office. He is a senior member of the Firm’s White-Collar and Securities Defense practice group. Eugene represents domestic and international clients before the SEC in financial fraud, false disclosure, insider trading and other securities enforcement
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