Archive for July 01, 2008

European Union Caps Airline Emissions, Angers International Trade Groups

A landmark agreement reached last week by the European Union to limit greenhouse gas emissions from aircraft has ignited controversy and protest from trade groups who question the legality of the Union's decision.

U.S. Supreme Court Limits Punitive Damages in Maritime Law Cases

In a 5-3 decision hailed as a victory for corporations seeking to limit lawsuit damages, the U.S. Supreme Court has severely reduced the $2.5 billion punitive award in the 1989 Exxon Valdez oil spill case.