OTHER NEWS - Oct. 1, 1994
From Times Staff and Wire Reports
Exxon Appeals Damage Award: The oil company said it filed motions in U.S. District Court in Anchorage, Alaska, to overturn or reduce the verdicts in a host of civil lawsuits deriving from the 1989 Exxon Valdez oil tanker spill. Exxon Corp. Chairman Lee R. Raymond described as particularly “unwarranted, unfair and . . . excessive” the $5-billion punitive-damages award handed down by an Anchorage jury Sept. 16.
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