News of the World editor Colin Myler said the paper was pleased at the lack of punitive damages, but added that "our press is less free today after another judgement based on privacy laws emanating from Europe".

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"It reinforces our view that a civil claim is likely to produce substantial damages, " he added.

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Solid waste combustion, sewage treatment, stone quarrying, marinas, and oil and coal-fired power plants have air pollution damages larger than their value added.

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South Korean companies were also "suffering big damages and pains", he added.

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"EasyJet intends to sue Luton Airport for the damages incurred as a result of their breach of contract, " added Mr Rothnie.

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She added the defendants had agreed to pay Mr Tennant and Mr Lowe a sum each in damages and all their libel costs.

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He added that there were other significant claims still to be settled, including offshore oil and gas industry damages as a result of the moratorium on deepwater drilling put in place after the accident, casino losses, fisheries, financial institutions and real estate developers.

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