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Alaska V. Amerada Hess
''Alaska v. Amerada Hess et al.'', officially known as State v. Amerada Hess et al. (1JU-77-877) was a 15-year-long civil lawsuit levied by the state of Alaska against 17 of the world's largest oil companies for underpayment of oil production royalties. The case was named after Amerada Hess, the first company in the alphabetical list of defendants. The case cost the state more than $100 million to prosecute, and all 17 companies settled out of court rather than face trial. The total settlements amounted to just over $600 million of the $902 million the state alleged had been underpaid. Additional settlements covering underpaid natural gas royalties and refining royalties amounted to another $400 million. Under a law passed by the Alaska Legislature, the settlement money was invested in a separate account of the Alaska Permanent Fund. The Amerada Hess account, worth more than $424 million as of June 30, 2013, may not be used for the payment of Alaska Permanent Fund Dividends and ins ...
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Civil Lawsuit
- A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil action brought by a plaintiff (a party who claims to have incurred loss as a result of a defendant's actions) requests a legal remedy or equitable remedy from a court. The defendant is required to respond to the plaintiff's complaint. If the plaintiff is successful, judgment is in the plaintiff's favor, and a variety of court orders may be issued to enforce a right, award damages, or impose a temporary or permanent injunction to prevent an act or compel an act. A declaratory judgment may be issued to prevent future legal disputes. A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the state to be treated as if it were a private party in a ...
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Valdez, Alaska
Valdez ( ; Alutiiq: ) is a city in the Chugach Census Area in the U.S. state of Alaska. According to the 2020 US Census, the population of the city is 3,985, up from 3,976 in 2010. It is the third most populated city in Alaska's Unorganized Borough. The city was named in 1790 after the Spanish Navy Minister Antonio Valdés y Fernández Bazán. A former Gold Rush town, it is located at the head of Port Valdez on the eastern side of Prince William Sound. The port did not flourish until after the road link to Fairbanks was constructed in 1899. It suffered catastrophic damage during the 1964 Alaska earthquake, and is located near the site of the disastrous 1989 Exxon Valdez oil tanker spill. Today, it is one of the most important ports in Alaska, a commercial fishing port as well as a freight terminal. Valdez is also the terminus for the Trans-Alaska Pipeline System. History The port of Valdez was named in 1790 by the Spanish explorer Salvador Fidalgo after the Spanish naval office ...
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Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported c ...
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Jay Hammond
Jay Sterner Hammond (July 21, 1922 – August 2, 2005) was an American politician of the Republican Party, who served as the fourth governor of Alaska from 1974 to 1982. Hammond was born in Troy, New York and served as a Marine Corps fighter pilot in World War II with the Black Sheep Squadron. In 1946, he moved to Alaska where he worked as a bush pilot. Hammond served as a state representative from 1959 to 1965 and as a state senator from 1967 to 1973. From 1972 until 1974 he was the mayor of the Bristol Bay Borough. Then, in 1974, he was elected governor of Alaska. He oversaw the creation of the Alaska Permanent Fund in 1976, which, since the early 1980s, has paid annual dividends to Alaska residents. He advocated for fiscal responsibility. When his tenure as governor was over, he continued to be active in public life. He advocated for environmentally and fiscally responsible government and individual civic responsibility. From 1985 to 1992 he hosted a television series called Ja ...
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Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ...
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Bill Sheffield
William Jennings Sheffield Jr. (June 26, 1928 – November 4, 2022) was an American Democratic politician who was the fifth governor of Alaska from 1982 to 1986. Sheffield's term in the governor's mansion was marked by controversy including attempts to have him impeached. Background Sheffield was born in Spokane, Washington. He served in the United States Army from 1946 to 1949 and went to DeVry University, then DeForest Training School. Sheffield moved to Alaska in 1953 to sell and service home appliances for Sears. He became active in the local chamber of commerce group, where his participation enabled him to overcome a severe stutter. Sheffield later founded a hospitality business, Sheffield Enterprises, that grew to own and operate 19 Sheffield House hotels across Alaska and in Whitehorse, Yukon. He sold the business to Holland America Line in 1987. In addition to his business career, Sheffield was involved in politics and government as a Democrat, and was a delegate to num ...
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Walter Carpeneti
Walter Louis "Bud" Carpeneti (born January 25, 1945) is an American lawyer and jurist, who served as the chief justice of the Alaska Supreme Court from 2009 to 2012. He attended Stanford University and Berkeley School of Law. A Californian, Carpeneti moved to Alaska to clerk for two earlier Alaska Supreme Court justices. Early life and education Born and raised in San Francisco, California, Carpeneti was the son of San Francisco Superior Court Judge Walter I. Carpeneti. After receiving an Bachelor of Arts in history from Stanford University in 1967 and a Juris Doctor from the UC Berkeley School of Law in 1970, the younger Carpeneti became a law clerk for Alaska Supreme Court Justices John H. Dimond and Jay Rabinowitz. Early career Returning to San Francisco in 1972 after the clerkships, Carpeneti initially entered private practice with Melvin Belli before joining in private practice with his father, retired Judge Walter I. Carpeneti, and his brother, Richard Carpeneti. ...
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Cook Inlet
Cook Inlet ( tfn, Tikahtnu; Sugpiaq: ''Cungaaciq'') stretches from the Gulf of Alaska to Anchorage in south-central Alaska. Cook Inlet branches into the Knik Arm and Turnagain Arm at its northern end, almost surrounding Anchorage. On its southern end, it merges with Shelikof Strait, Stevenson Entrance, Kennedy Entrance and Chugach Passage. The Cook Inlet watershed is the most populated watershed in Alaska. The watershed covers about of southern Alaska, east of the Aleutian Range, south and east of the Alaska Range, receiving water from its tributaries, the Knik River, the Little Susitna River, and the Susitna and Matanuska rivers. The watershed includes the drainage areas of Denali (formerly named Mount McKinley). Within the watershed there are several national parks and the active volcano Mount Redoubt, along with three other historically active volcanoes. Cook Inlet provides navigable access to the port of Anchorage at the northern end, and to the smaller Homer port fu ...
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Kenai Peninsula
The Kenai Peninsula ( Dena'ina: ''Yaghenen'') is a large peninsula jutting from the coast of Southcentral Alaska. The name Kenai (, ) is derived from the word "Kenaitze" or "Kenaitze Indian Tribe", the name of the Native Athabascan Alaskan tribe, the Kahtnuht’ana Dena’ina ("People along the Kahtnu (Kenai River)"), who historically inhabited the area. They called the Kenai Peninsula ''Yaghanen'' ("the good land"). Geography The peninsula extends about southwest from the Chugach Mountains, south of Anchorage. It is separated from the mainland on the west by Cook Inlet and on the east by Prince William Sound. Most of the peninsula is part of the Kenai Peninsula Borough. Athabaskan and Alutiiq Native groups lived on the peninsula for thousands of years prior to Gerasim Izmailov becoming the first European to explore and map the area in 1789. The glacier-covered Kenai Mountains, rising , run along the southeast spine of the peninsula along the coast of the Gulf of Alaska. Much ...
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Allen Compton
Allen Trimble Compton (February 25, 1938 – October 11, 2008) was an American jurist who served as a justice of the Supreme Court of Alaska from December 12, 1980, until shortly before his death, including serving as the court's chief justice from 1995 to 1997. Born in Kansas City, Missouri Kansas City (abbreviated KC or KCMO) is the largest city in Missouri by population and area. As of the 2020 census, the city had a population of 508,090 in 2020, making it the 36th most-populous city in the United States. It is the central ..., Compton received a B.A. from the University of Kansas in 1960, followed by a law degree from the University of Colorado Law School in 1963. After serving for six years in the United States Marine Corps Reserve, he became a legal services attorney, first in Colorado Springs, and then in Juneau, Alaska. In 1976, Governor Jay Hammond appointed Compton to the superior court, in Juneau. In 1980, Hammond elevated Compton to a seat on the Alask ...
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Summary Judgment
In law, a summary judgment (also judgment as a matter of law or summary disposition) is a judgment entered by a court A court is any person or institution, often as a government institution, with the authority to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters in acco ... for one party and against another party summarily, i.e., without a full Trial (law), trial. Summary judgments may be issued on the merits of an entire case, or on discrete issues in that case. The formulation of the summary judgment standard is stated in somewhat different ways by courts in different jurisdictions. In the United States, the presiding judge generally must find there is "no genuine dispute as to any material fact and the movant is entitled to judgment as a matter of law." In England and Wales, the court rules for a party without a full trial when "the claim, defence or issue has no real prospect of suc ...
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Crude Oil Production
Petroleum is a fossil fuel that can be drawn from beneath the earth's surface. Reservoirs of petroleum was formed through the mixture of plants, algae, and sediments in shallow seas under high pressure. Petroleum is mostly recovered from oil drilling. Seismic surveys and other methods are used to locate oil reservoirs. Oil rigs and oil platforms are used to drill long holes into the earth to create an oil well and extract petroleum. After extraction, oil is refined to make gasoline and other products such as tires and refrigerators. Extraction of petroleum can be dangerous and have led to oil spills. Locating the oil field Geologists and geophysicists use seismic surveys to search for geological structures that may form oil reservoirs. The "classic" method includes making an underground explosion nearby and observing the seismic response, which provides information about the geological structures underground. However, "passive" methods that extract information from naturally occu ...
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