MLM Counties News. Notices. Need-to-know Information.
BP Plc asked a federal appeals court to block economic loss payments in its $9.2 billion settlement of the 2010 Gulf of Mexico oil spill unless they can be directly linked to the disaster.
Tagged with: BP Oil spill
Read More »BP wins order stopping some oil spill payments
BP Plc won an appeals court order stopping some payments under a $9.2 billion settlement tied to the 2010 Gulf of Mexico oil spill.
Tagged with: BP Oil spill
Read More »BP poisoned people in 2010 toxin release, Texas jury told
The lawsuits by four residents are the first of almost 48,000 toxic-exposure claims to come to trial.
Tagged with: BP
Read More »BP balks at extending spill settlement to moratorium losses
Spill victims proposed using damage formulas set out in BP’s settlement of economic-loss claims to compensate additional businesses for losses caused by the government’s suspension of deep-water drilling in the Gulf of Mexico after the spill.
Tagged with: BP
Read More »BP asks judge to deny investors’ class action spill suit bid
The investors claim the company lied about the size of the worst offshore spill in U.S. history and its ability to contain a deep-water blowout to prop up its share price.
Read More »Ex-FBI chief to lead BP spill settlement program probe
Louis Freeh, a former federal judge, will conduct an external investigation to supplement an internal probe already under way of a staff attorney at the Deepwater Horizon Court Supervised Settlement Program.
Read More »Judge urged to stay out of BP oil spill claims fund
The U.S. judge in charge of hundreds of BP Plc oil spill-related damages lawsuits shouldn’t — and legally can’t — take charge of the claims-payment process, said the head of BP Plc’s $20 billion spill fund. The attorneys general of four Gulf Coast states had asked U.S. District Judge Carl Barbier in New Orleans to monitor fund administrator Kenneth Feinberg to ensure fair and prompt payment of thousands of oil spill damage claims, as required by law.
Read More »Transocean settles first Deepwater Horizon death case
Transocean Ltd. settled a lawsuit filed on behalf of one of 11 crew members killed when the company’s Deepwater Horizon drilling rig exploded April 20 in the Gulf of Mexico. The terms weren’t disclosed.
Tagged with: BP Karl Kleppinger Jr. oil spill Transocean
Read More »Transocean can’t cap spill liability using old law, lawyers say
Transocean Ltd. can’t use a 150-year-old statute to cap its liability against claims arising from the Gulf of Mexico oil spill, lawyers for victims of the disaster said at a hearing in federal court in Houston. The Oil Pollution Act ...
Tagged with: Oil Pollution Act of 1990 Transocean
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