Chevron Coastal-Damage Case Sent Back as $744.6M Verdict Paused
The Fifth Circuit sent Plaquemines Parish’s $744.6 million coastal-damage case against Chevron back to a federal district judge and temporarily stopped the state-court case. The move follows a Supreme Court ruling that strengthened oil companies’ ability to remove certain Louisiana lawsuits tied to WWII-era federal work. The jury verdict remains intact for now, while consumer spending rose 3.4% and business investment jumped 8.5%.