Court hears arguments on BP oil spill settlementBy MICHAEL KUNZELMAN
BP cries foul in massive oil spill settlement13:10 BP PLC wanted the court to consider whether people and businesses seeking payments under the settlementincluded some who haven't actually suffered any injury related to the spill. A district court and an appeals court ruled that, under the sett...
In other words, Anadarko will try to use a clause within the joint operating agreement to erase its share -- that would be 25 percent -- of the clean up costs and damages from the oil spill. In short, Anadarko will take this to court. Hackett clarified in the statement the ...
One of those judges said the issue is “very ripe for the Supreme Court to resolve.” Article content “It has a broader reach than the BP oil spill,” said Jason Clark, a Downs attorney. “If the burden is one that’s too high for any plaintiff to meet, then a lot of ...
BP has repeatedly said it accepts some responsibility for the spill and will pay what it owes, while urging other companies to pay their share. The company created a $20 billion fund to resolve many claims out of court. The Gulf Coast Claims Facility paid out more than $6 billion from th...
Many people were turned off from buying BP strictly by how they handled the Gulf Oil Spill. Lastly, BP should be less concerned with their pending lawsuits. They can remain optimistic that many people will apply for compensation rather than go to court. BP’s shareholders are another less ...
The last three months have been the warmest on record and we need to bring the same urgency to climate change that we did to stopping the Gulf oil spill, says Bill McKibben.
A San Antonio lawyer being sued by oil giant BP over allegations that he falsely claimed to represent thousands of deckhands who lost money in the 2010 Gulf oil spill has asked a federal court to delay the lawsuit while a criminal investigation plays out. ...
The spill soiled sensitive tidal estuaries and beaches, killed wildlife and closed vast areas of the Gulf to commercial fishing. The suits consolidated in federal court in New Orleans were filed by fishermen who lost work, cleanup workers who got sick and others who claimed harm from the oil ...
At the end of May, BP asked the Supreme Court for more time to pay damage claims to businesses affected by the spill, while also appealing some terms of the settlement. Some of the damages included were “not plausibly caused by the Deepwater Horizon accident,” according to a BP ...