Here are dueling columns, published in the Anchorage Daily News, on the recent Board of Fisheries meeting on Upper Cook Inlet.
Mark Hamilton, chair, Kenai River Sportfishing Association
Frank Mullen, commercial fisherman, Homer
Showing posts with label Mullen. Show all posts
Showing posts with label Mullen. Show all posts
Sunday, March 16, 2014
Monday, June 29, 2009
Exxon reportedly to pay interest
Exxon Mobil Corp. will heed the recent ruling from a federal appeals court and pay interest on the U.S. Supreme Court judgment from last year.
That's the word from Frank Mullen, a Homer salmon fisherman and closer watcher of the 20-year Exxon Valdez case.
Mullen says in an e-mail that Brian O’Neill, one of the lead lawyers for the plaintiffs, announced the news to a group of Cook Inlet fishermen on Saturday.
The lawyer said the interest amounts to as much as $540 million, which is an even larger sum than the $507.5 million in punitive damages the Supreme Court awarded.
"Brian assured the crowd that checks for the interest portion of the award would be forthcoming in September," Mullen wrote.
I've checked with the court, but nothing official has been filed from lawyers on either side of the case.
I've also checked the Web site of the Seattle law firm that's handling distribution of Exxon Valdez money, but nothing is posted there either about the interest.
Deckboss has no reason to doubt Mullen's report, however.
That's the word from Frank Mullen, a Homer salmon fisherman and closer watcher of the 20-year Exxon Valdez case.
Mullen says in an e-mail that Brian O’Neill, one of the lead lawyers for the plaintiffs, announced the news to a group of Cook Inlet fishermen on Saturday.
The lawyer said the interest amounts to as much as $540 million, which is an even larger sum than the $507.5 million in punitive damages the Supreme Court awarded.
"Brian assured the crowd that checks for the interest portion of the award would be forthcoming in September," Mullen wrote.
I've checked with the court, but nothing official has been filed from lawyers on either side of the case.
I've also checked the Web site of the Seattle law firm that's handling distribution of Exxon Valdez money, but nothing is posted there either about the interest.
Deckboss has no reason to doubt Mullen's report, however.
Monday, June 15, 2009
Court rules Exxon owes interest in spill case
Here's an opinion today from the 9th U.S. Circuit Court of Appeals holding that Exxon Mobil Corp. owes interest on the $507.5 million judgment the Supreme Court ordered last year in the Exxon Valdez oil spill case.
This will push total punitive damages to roughly $1 billion.
But fishermen and other plaintiffs had best not hold their breath just yet for a share of the interest money.
Frank Mullen, a Homer commercial fisherman and close follower of the case, explains why:
"There are a number of moves available to Exxon to drag the issue out further:
• Exxon could once again ask for an 'en banc' hearing
• Exxon could appeal to the Supreme Court."
Mullen continues:
"I would not expect any payments associated with interest any time soon ... perhaps 2010?"
This will push total punitive damages to roughly $1 billion.
But fishermen and other plaintiffs had best not hold their breath just yet for a share of the interest money.
Frank Mullen, a Homer commercial fisherman and close follower of the case, explains why:
"There are a number of moves available to Exxon to drag the issue out further:
• Exxon could once again ask for an 'en banc' hearing
• Exxon could appeal to the Supreme Court."
Mullen continues:
"I would not expect any payments associated with interest any time soon ... perhaps 2010?"
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