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...The GRI’s focus on double materiality dates to its creation in 1997, on the back of the prolonged outcry over the Exxon Valdez oil spill....
...Valdez has now returned to the private sector after running the field hospital and works for Pfizer....
...Mr Merino announced his departure only minutes after Luis Valdez, the head of congress, said politicians of all parties had agreed to call for the president’s resignation to save lives and restore order....
...“It’s a city that’s been very much overlooked in the past,” says Michael Ghielmetti, founder of Oakland developer Signature....
...Michael D Hausfeld Chairman, Hausfeld Recognised as one of the top civil litigators in the US, Michael Hausfeld is an expert in the fields of private antitrust/competition enforcement and international...
...Its safety practices, fundamentally overhauled after the Exxon Valdez disaster of 1989, are a model that many others have followed....
...The winning book, published by The Penguin Press and Allen Lane, focuses on Exxon’s development over a 21-year period between the 1989 Exxon Valdez oil spill in Alaska and BP’s 2010 Deepwater Horizon disaster...
...The president tapped two retired military officers, Daniel Mora and Oscar Valdez Dancuart, to head defence and the interior respectively....
...The cases, which comprise mostly economic damages claims, could now be consolidated and added to others in a piece of “super-litigation” like the one seen in the case of the far smaller Exxon Valdez oil...
...The result could be a piece of “super-litigation” of the kind seen in the Exxon Valdez oil spill, which led to a $5bn (€3.9bn, £3.2bn) punitive damages award against Exxon, later cut by almost 90 per cent...
...In the Exxon Valdez case, the US Supreme Court slashed the original core $5bn punitive damages awarded against the company by almost 90 per cent....
...But the quantity of oil still in the Gulf or on the shore is still nearly five times the amount spilt during the 1989 Exxon Valdez disaster in Alaska....
...The panel has the power to send cases to a state and nominate a judge, who would then decide whether to bundle the lawsuits together in a piece of super-litigation like that seen in the Exxon Valdez oil...
...Sir Michael did not know the details of the incident but his instant response was seen as heartfelt and genuine....
...Besides, Mr Obama is unlikely to reprise the “heckuva job Brownie” remark that triggered so much mockery of Mr Bush when he praised his disaster chief, Michael Brown....
...While the final cost was likely to run into hundreds of millions of dollars, it was highly unlikely to match the $3bn-plus that ExxonMobil had paid to clean up the 1989 Valdez tanker spill and settle lawsuits...
...The courts also came to a similiar conclusion on the Exxon Valdez claims....
...Gold when he orchestrated their campaign to remove Michael Eisner as chairman of Walt Disney in 2003....
...Exxon Mobil gained 1.5 per cent to $93.61 after the Supreme Court said it would hear an appeal against a demand for $2.5bn in punitive damages for the 1989 Exxon Valdez oil spill....
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