Chenega Corp. v. Exxon Corp.

ERA VII — Corporate Maturation & Expansion
Court Case
1999

Oil Pollution Act authorized the assertion of the federal government's private claims for Native corporations' lost use of selected but unconveyed lands.

What Happened

Plaintiffs are not asserting any of the following as a basis for any of their claims and, therefore, you may not award damages for:

1. Any alleged harm to plaintiffs� ability or right to sell or lease any of their property, as a result of the Oil Spill;

2. Any alleged reduction in the market value of any of their properties as a result of the Oil Spill.

Why It Matters Today

Defines where disputes must be litigated (state vs. federal), which affects cost, leverage, and practical enforceability for shareholders.

Related Patterns

Pattern 7: Cultural Expectations vs. Corporate Law

Related Governance Themes

Clear Distinction Between Corporate and Subsidiary Reporting

Sources

Primary Source
Secondary Source Link