Did you know that litigation for the Exxon Valdez oil spill lasted more than 20 years, and that , in the end, the Supreme Court used MARITIME COMMON LAW to vacate punitive damages? Well, it did and they did -- and they're fixing to do it again.
There was a
chilling story on NPR's Morning Edition today regarding the use of maritime law in the BP/Transocean oil spill to cap lawsuits to the cost of the rig at $27 million, even though their insurance company has already issued PARTIAL compensation for the rig to the tune of $411 million.
In the story, NPR science correspondent Joseph Shapiro reported that Transocean wants "a more orderly court process," and so they're hoping to move the whole shebang out of our poor, clogged US courts, with their messy juries, and make one big case that can be tried in a nifty thing called Admiralty Court which was created by oligarchs for the protection of oligarchs.
I happen to appreciate tidiness, especially as regards the precious and fragile ecosystems in the Gulf. And, I'm calling bullshit on Transocean's ridiculous "orderliness" claim.
They're not hoping to use maritime law to makes things easier on the US court system. They want to screw the families of the 11 dead crew members, and they're hoping against hope to slink away from liability to property owners who've lost their business, commercial fishermen, seafood companies, restaurants charter boat companies...and anyone else devastated from this disaster.
And so, they're calling upon maritime common law because that's what the Supreme Court court used to get Exxon off the hook from the Valdez disaster. Over more than 20 years of litigation paid off in spades for Exxon. I can't wait to see how BP and Transocean get away with murder in their case.
Here's the Exxon Valdez litigation Wiki:
http://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill#Litigation_and_cleanup_costs