Oil giants win Supreme Court ruling narrowing Louisiana coastal lawsuits
The Supreme Court reversed a Fifth Circuit ruling, siding with oil companies like Texaco/Chevron in long-running Louisiana coastal-wetlands lawsuits and potentially ending many such claims. The decision affects about a quarter of dozens of cases and was welcomed by industry groups as legal clarity, while critics warn it could hinder coastal restoration efforts. Justice Alito recused himself due to financial ties to ConocoPhillips.
