May 23, 2013
A group of U.S. accounting professors is backing BP’s fight to rein in compensation it has to pay for the 2010 Gulf of Mexico oil spill, which is threatening to add billions of dollars to its growing bill for the …
May 17, 2013
The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a late surge …
April 2, 2013
The administrator of BP Plc’s settlement with thousands of people and businesses who sued over the 2010 Gulf of Mexico oil spill urged a federal judge on Monday to end the company’s lawsuit over how he determines damages claims. BP …
March 18, 2013
BP launched its promised appeal against “fictitious” and “absurd” oil spill compensation payouts on Friday and asked a judge to temporarily halt those made on a so-called business economic loss basis. In a New Orleans court filing, BP gave examples …
November 12, 2012
Nearly two dozen groups in Alabama will share more than $8 million in oil spill funds to promote Gulf Coast tourism and seafood. The administrator of the claims process for the 2010 oil spill, Patrick Juneau, announced the first round …
November 1, 2012
With looming legal deadlines related to the 2010 BP oil spill, dozens of shrimp processors along the Gulf Coast face a difficult dilemma, with either decision having the potential to jeopardize the future of their businesses and the region’s seafood …
May 1, 2012
Developers of an Orange Beach, Alabama condo project say BP should pay out a claim they filed for losses they say resulted from the 2010 oil spill in the Gulf of Mexico. The Press-Register reported that developer Larry Wireman filed …
March 12, 2012
Attorney General Pam Bondi has hired four law firms to help with Florida’s claims related to the Gulf of Mexico oil spill two years ago. Bondi said the firms will work on a contingency basis, earning 2.5 percent of the …
March 8, 2012
The man who has paid out billions of dollars to victims of the massive 2010 Gulf of Mexico oil spill has been formally relieved of his duties, and a federal judge has set up a new process to let more …
January 19, 2012
BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company …