From QuiverQuant: 2025-06-17 00:26:00

The U.S. Supreme Court will hear Chevron and Exxon Mobil’s appeal to move coastal damage lawsuits from Louisiana parishes to federal court, challenging state-court proceedings and arguing for federal venue. The appeal involves long-term coastal erosion claims from wartime refinery contracts and could set a precedent for similar cases nationwide. If the Supreme Court rules in favor of the oil companies, it could streamline litigation, reduce state-court jury awards, and provide legal certainty for contractors operating under federal directives. However, if state court jurisdiction is upheld, oil companies may face increased liability and legal uncertainty in local courts.



Read more at QuiverQuant: Chevron (CVX), Exxon Mobil (XOM) Appeal Louisiana Coastal Damage Suits