BP agreed last week to pay $175 million to shareholders who brought a class-action lawsuit that accused the oil company of misleading them by understating the severity of the 2010 oil spill in the Gulf of Mexico. BP said the claims will be paid during 2016-17. However, the company said...
A$7.8 billion settlement against BP PLChas been approved by a federal judge, resolving economic and medical claims brought by more than 100,000 businesses and individuals who suffered from themassive BP oil spillin the Gulf of Mexico in April, 2010. According to the terms of the settlement, ...
Thursday's settlement is with investors who purchased BP's U.S.-listed shares in the aftermath of the rig explosion. They claimed BP misled them about the extent of the spill. The investors sued the company in Houston federal court for the losses they suffered as oil seeped into the Gulf ...
lawsuit—known as Multi-District Litigation (MDL) No. 2179—encompassed 77 different claims and resulted in a $20 billion fund agreed to by BP at the request of the federal government. If you or a loved one suffered health effects from the BP oil spill, you may be entitled to ...
BP announced Friday that it has agreed to pay $175 million to settle a class-action lawsuit filed by investors. Jun 3, 2016 Judge OKs $20 Billion Settlement Over 2010 BP Oil Spill A federal judge in New Orleans granted final approval Monday to an estimated $20 billion settlement over...
While the Obama administration's lawsuit against BP and other operators for their role in causing the BP oil spill could help recover billions of dollars in cleanup costs and damages, it will not address the concerns of the millions ... II N. - 《Transactions the Tennessee Journal of Busines...
BP paid just $1,300 each to 79% of the Deepwater oil spill victims because of a single switched word in the multibillion-dollar settlement BYTravis Loller,Michael PhillisandThe Associated Press April 19, 2024 Environment KKR is entrusting its multibillion-dollar green transition to the former...
Feinberg has said those rules will include a requirement that claimants give up their right to sue BP — and possibly the other companies involved in the oil spill — in exchange for the final settlement. People and businesses will have three years to submit that final claim. ...
BP Shareholders File Lawsuit Over Gulf Oil SpillAnna Ohlden
“They have known for decades that the Earth’s climate has been changing because of emissions of CO2 and other greenhouse gases, and that the fossil fuels they sell are the primary source of those emissions,” the lawsuit said.read more ...