ExxonMobil Settlement: $19.5M for Environmental Improvements in Greenpoint

A federal court approved a consent decree between the State of New York and ExxonMobil that committed the company to perform a comprehensive cleanup of its oil spill and related environmental contamination in Greenpoint, Brooklyn. The legal settlement required ExxonMobil to pay approximately $25M in penalties, including $19.5M for projects to improve the environment in Greenpoint.