A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill. The decision by the 5th …
BP Plc challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 Gulf of Mexico oil spill, a decision that exposed the U.K.-based energy company to as much as $18 billion in …
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 has asked a U.S. judge to direct what it called a “vast number” of businesses to repay hundreds of millions of dollars it says were wrongly awarded as compensation on claims stemming from the 2010 Gulf of Mexico …
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 lost a bid to have a judge suspend about $1.3 billion in payments to seafood-industry workers who are part of the 2010 Gulf of Mexico oil spill settlement because of alleged improprieties by a lawyer involved in the …
