BUSINESSTHE GUARDIAN WORLD
Supreme court sides with oil and gas firms in Louisiana coastal damage fight
The U.S. Supreme Court ruled 8-0 in favor of oil and gas companies in Louisiana, granting them a new opportunity in federal court after a state jury ordered Chevron to pay up to $740 million for coastal damage. The decision reverses a previous state court ruling, allowing the firms to challenge environmental lawsuits in federal proceedings.
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