January 3, 2014
BP Plc’s bid to block economic-loss payments tied to the 2010 Gulf of Mexico oil spill unless the claims can be directly linked to the disaster won fast-track consideration by an appeals court. The London-based company said last week that …
December 27, 2013
BP Plc lost a bid to require businesses to provide proof their economic losses were caused by the 2010 Gulf of Mexico oil spill under a $9.2 billion settlement over the disaster. U.S. District Judge Carl Barbier in New Orleans, …
December 9, 2013
BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme Court decision. Shareholders sought permission …
October 8, 2013
BP Plc deliberately exposed neighbors of a Texas refinery to tons of cancer-causing gases and then misled regulators and community leaders about the dangers, a lawyer told a Texas jury. Jurors are expected to begin deliberations tomorrow after four weeks …
September 11, 2013
BP Plc’s oil-spill claims administrator shouldn’t be allowed to extend a settlement to cover the claims of losses caused by the Obama administration’s deep-water drilling ban, the company told a court. Lawyers for businesses claiming harm from the 2010 spill …
September 5, 2013
KBR Inc. is invoking federal laws shielding contractors during wartime in an effort to avoid a Texas trial over injuries claimed by troops who were exposed to toxic chemicals while guarding a work site in Iraq. KBR argued this week …
August 29, 2013
A U.S. appeals court withdrew its decision finding BP Plc had access to $750 million in Transocean Ltd.’s insurance to pay costs of the 2010 oil spill, to ask the Texas Supreme Court a question on coverage. The U.S. Court …
August 27, 2013
BP Plc’s allegations of misconduct in the program set up to pay claims in the settlement over the 2010 Gulf of Mexico oil spill were called unfounded by the administrator of the program. Patrick Juneau, the administrator, yesterday asked U.S. …
July 16, 2013
BP Plc’s $8.2 billion settlement of most private economic-damage claims from the 2010 Gulf of Mexico oil spill is unfair and should be rejected, victims opposed to the deal told a federal appeals court. The agreement inconsistently compensates victims with …
July 12, 2013
The medical benefits portion of BP Plc’s settlement over the 2010 Gulf of Mexico oil spill is “substantively unfair” and approval of the accord should be reversed, lawyers opposing the agreement told an appeals court. The settlement, reached last year …