BP Plc is seeking to undo payments to some victims of the 2010 Gulf of Mexico spill in a move opposing lawyers warn could open the floodgates to challenging hundreds of thousands of individual damage-claim awards. BP, which is struggling …
BPlc can’t recover hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill, a U.S. judge said. After the court revised the method for calculating such damages, …
BP Plc won’t face a $256 billion lawsuit brought by a whistleblower who claimed the company’s Atlantis oil production platform in the Gulf of Mexico was unsafe. Kenneth Abbott, a former BP contractor, and Food & Water Watch Inc., an …
McDonald’s Corp. lost a $27 million jury verdict in Texas over a claim that lax security at one of its restaurants led to the deaths of two teenagers, an award litigators say is unlikely to survive appeal. The victims in …
BP Plc can’t delay writing checks for hundreds of millions of dollars in damage claims while it asks the U.S. Supreme Court to review disputed payments in its $9.2 billion accord over the 2010 Gulf of Mexico oil spill. The …
BP Plc faces billions of dollars in additional payments after failing to convince an appeals court that the company is being forced to pay claims that aren’t directly related to the 2010 Gulf of Mexico oil spill. A three-judge panel …
BP Plc’s bid to temporarily halt payments under its $9.2 billion oil-spill settlement so that heightened accounting and fraud safeguards can be established was rejected by a federal judge in New Orleans. U.S. District Judge Carl Barbier, in a three-sentence …
BP Plc must abide by terms of a $9.2 billion settlement it reached with victims of the 2010 oil spill, a federal appeals court ruled in rejecting the company’s objections that the deal is being misinterpreted by the claims administrator. …
BP Plc. won the right to move ahead with implementing the medical-benefits portion of its $9.2 billion settlement of oil spill claims with Gulf Coast residents after an appeals court dismissed the remaining plaintiffs at their request. Several groups of …
BP Plc’s $9.2 billion partial settlement over the 2010 Gulf of Mexico oil spill was upheld by an appeals court over the company’s protest that the deal wasn’t valid unless a claims-payment dispute was resolved in its favor. The U.S. …
