Friday, April 16, 2010

More Exxon Valdez money coming

Since November 2008, lawyers for commercial fishermen and other plaintiffs in the Exxon Valdez case have been paying out punitive damages and interest in stages.

And the process is continuing.

On Monday, federal Judge Russel Holland approved yet another distribution totaling $24.5 million before deduction of attorney fees.

Here's the lengthy payout list for this round.

It shows some pretty big amounts to be distributed across 51 claim categories.

For example, I saw a couple of claims topping $200,000 in the Chignik salmon seine category, and several for $100,000-plus in the Kodiak salmon seine category.

According to the Seattle law firm handling the distribution, this payout could take "a number of weeks" to complete because of possible impairments on the claims.


Anonymous said...

What a joke this has turned out to be. I get more correspondence from the freakin IRS.

Anonymous said...

There sure are a lot of estates listed on there. Sad.