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When Exxon reckoned in July that it would spend nearly $1.3 billion to clean up its Alaskan oil spill, liability lawyers knew that was just the beginning. In Anchorage last week the state of Alaska filed a civil suit against the petroleum giant and the owners of the trans-Alaska pipeline, seeking unspecified damages that could total billions of dollars. Alaska charges the oil companies with deceiving the public about the safety of the shipping operation and with incompetence in the cleanup...

Author: /time Magazine | Title: LITIGATION: A Lawsuit as Big as Alaska | 8/28/1989 | See Source »

...Alaska v. Exxon et al is likely to break some courtroom records. Robert LeResche, who heads the state's investigation of the spill, believes the legal wrangling will last at least a decade. "Out of the approximately 150 suits filed against Exxon, this is the big one," says Bryan Jacoboski, who follows the oil industry for Paine Webber. "It will keep Exxon's stock from going anywhere for a long time...

Author: /time Magazine | Title: LITIGATION: A Lawsuit as Big as Alaska | 8/28/1989 | See Source »

...learned to its sorrow that some stains cannot be easily scrubbed away. Exxon said last week that it will have to spend $1.28 billion, or ten times as much as initial projections, to clean up the 11 million gal. of crude oil that the supertanker Exxon Valdez spewed into Alaska's Prince William Sound last March. The surprising estimate, which did not take into account potential penalties or lawsuit settlements, made the Alaskan disaster one of the most expensive industrial accidents ever...

Author: /time Magazine | Title: The High Cost Of Catastrophe | 8/7/1989 | See Source »

...command ships down to the Bligh Reef area, where the Valdez ran aground. Hazelwood's attorneys insist that the point of freedom was the established pilot station at Rocky Point, some seven miles north of the reef. Hazelwood's position appears to be bolstered by a 1986 memo from Alaska Maritime Agencies, a Valdez shipping agency that serviced Exxon. That memo states that the Coast Guard had waived pilotage requirements from the pilot station to the sound's entrance...

Author: /time Magazine | Title: Environment: Joe's Bad Tripon the Exxon Valdez | 7/24/1989 | See Source »

After all the coverage of last March's Alaska oil spill, was there anything left to report? Nation editor Jack E. White figured there was. In the Los Angeles bureau, Brown pored over National Transportation Safety Board reports and testimony by tanker crew members and others to unravel the complex chain of events. Then he went back to Valdez to talk with Coast Guard investigators. Says Brown: "I found the web of culpability surrounding the accident was almost as sticky and far-reaching as the spill itself." Meanwhile, New York correspondent Behar, who wrote the story, interviewed Hazelwood's family...

Author: /time Magazine | Title: From the Publisher: Jul 24 1989 | 7/24/1989 | See Source »

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