North Dakota judge finalizes $345m judgment against Greenpeace

Change
North Dakota judge James Gion finalized a $345m damages judgment against Greenpeace, reducing a jury award of about $667m that had been granted earlier this year.
North Dakota judge finalizes $345m judgment against Greenpeace
Why it matters
The finalized ruling creates an enforceable judgment that allows Energy Transfer to pursue collection of $345m, increasing legal and financial exposure for Greenpeace. Greenpeace must pursue post-trial relief or an appeal to prevent or delay enforcement of the award.
Implications
  • Greenpeace USA and Greenpeace Fund legal teams must file a new-trial motion and, if denied, file an appeal with the North Dakota Supreme Court — failing to pursue these remedies will leave the $345m judgment enforceable.
  • Energy Transfer litigation and collections teams must initiate post-judgment enforcement filings to collect the $345m award — failing to initiate enforcement will delay recovery of damages.

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Source

The Guardian

Topics

Governance Corruption & Accountability Oil & Gas

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