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NY v Exxon, State Court rules in XOM's favor and excoriates the State's case
Posted on 12/10/19 at 2:22 pm
Posted on 12/10/19 at 2:22 pm
If you followed this at all, the result is as it should have been, but being in NY, there was always a question of politics...the law prevailed. Here's a good twitter thread breaking out and examining the decision:
LINK
LINK
Posted on 12/10/19 at 2:24 pm to cwill
Sorry, but I'll have to wait until Greta weighs in on this decision's impact on global climate warming.
Posted on 12/10/19 at 2:31 pm to cwill
Any damages to Exxon? Any penalties to the AG for wasting the courts time? Otherwise the special relationship between liberal AGs and Liberals with deep pockets will continue to harass companies.
Posted on 12/10/19 at 2:48 pm to cwill
Not often, but occasionally the law is interpreted and not created.
Posted on 12/10/19 at 3:42 pm to C
Unfortunately no because it was the state as plaintiff....sovereign immunity
ExxonMobil wins but New York does not lose
Sux but it is better than ExxonMobil loses and New York wins
ExxonMobil wins but New York does not lose
Sux but it is better than ExxonMobil loses and New York wins
Posted on 12/10/19 at 3:44 pm to KiwiHead
The amount of money and resources spent defending this POS lawsuit were astounding. And it had less substance than the Mueller investigation
Posted on 12/10/19 at 3:45 pm to KiwiHead
quote:
Unfortunately no because it was the state as plaintiff....sovereign immunity
ExxonMobil wins but New York does not lose
Sux but it is better than ExxonMobil loses and New York wins
I don't think loser-pays is the law anywhere in these United States...regardless of State immunity.
Posted on 12/10/19 at 4:03 pm to cwill
Couldn't happen to a nicer douchebag (and state)
Posted on 12/10/19 at 4:15 pm to cwill
So another bogus "investigation" makes XOM stock price drop, so NY uses this as proof XOM was doing dirty deeds.
This post was edited on 12/10/19 at 4:16 pm
Posted on 12/10/19 at 4:22 pm to Tchefuncte Tiger
Reminds me of when ABC reported Trump was caught colluding with the Russians and it caused the stock market to nose dive.
Posted on 12/10/19 at 5:04 pm to Parmen
Good one. Keep it up. I think it's working.
Posted on 12/10/19 at 5:09 pm to cwill
quote:
Good one. Keep it up. I think it's working.
Posted on 12/10/19 at 5:47 pm to cwill
quote:
I don't think loser-pays is the law anywhere in these United States
In some cases, it is in Texas.
On one of my audits, a defense contractor was sued by a prospective employee for not being hired and as a result being "blackballed" in his chosen field.
After the plaintiff presented his case, contractor requested and was granted a directed verdict. Contractor was awarded attorney's fees and costs.
(I learned about this because when I asked the contractor how much they were reimbursed, or if the plaintiff appealed the costs, they replied that they chose not to collect due to costs of doing so. Then tried to claim their costs as a reimbursable overhead expense to the government.)
Posted on 12/10/19 at 5:53 pm to cwill
Losers sometimes pay court cost and attorney fees.
Posted on 12/10/19 at 7:17 pm to DeafVallyBatnR
Yes, in special cases, usually to the individual plaintiff against industry/Corp, but not generally. I don’t think of those as “loser pay”, but you’re correct.
Posted on 12/11/19 at 12:20 am to cwill
Yup. English rule versus the American rule. English rule, loser always pays. American rule, only get paid under certain circumstances.
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