A federal appeals court panel has reaffirmed its ruling that BP is liable for federal Clean Water Act damages stemming from the 2010 Gulf of Mexico oil spill, the latest loss for the oil giant as it fights court decisions that could ultimately bring $18 billion in penalties. The three-judge panel of the 5th U.S. Circuit Court of Appeals rejected arguments [more]
See Order from 12/8/14 here. At approximately 8:30 a.m. CST on Monday, December 8, 2014, the United States Supreme Court released it's Order from the December 5, 2014 conference. This Order denied BP's request to have the highest Court in the United States hear arguments regarding the interpretation and validity of the Deepwater Horizon Settlement Agreement, which was entered in [more]
Results of a third-party audit of the oil spill settlement program released Tuesday (Nov. 25) by claims administrator Patrick Juneau show the settlement program has correctly processed 99.5 percent of claims. The audit concluded the program is "well-designed and appropriate" and made no major recommendations for improvement. The audit, conducted by Chicago-based McGladrey LLP, has become a focal point for BP [more]
A panel of federal appeals court judges in New Orleans has refused to reconsider a ruling that BP and Andarko Petroleum Corp. must pay federal fines related to the 2010 Gulf of Mexico oil disaster. BP and Anadarko, co-owners of the failed Macondo oil well, had sought to avoid penalties by blaming another company's failed equipment. In an opinion issued Wednesday (Nov. [more]
NEW ORLEANS -- In its latest effort to portray itself as the victim of overzealous damage claims in the wake of its 2010 oil spill off Louisiana, BP blames damage to oyster beds on Gov. Bobby Jindal's "misguided decision… to divert fresh water from the Mississippi River to the Gulf" and argues the oil giant "should not be accountable for [more]
WASHINGTON — The Supreme Court rejected an appeal Monday from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in the Gulf of Mexico in 2010.
The justices did not comment in leaving in place lower court rulings that dismissed the lawsuits against BP and other companies involved in [more]
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