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Friday September 19th 2014

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Posts Tagged ‘BP’

BP is not happy

BP is not happy

From its website: BP strongly disagrees with the decision issued today by the United States District Court for the Eastern District of Louisiana and will immediately appeal to the United States Court of Appeals for the Fifth Circuit. BP believes that the finding that it was grossly [...]

Findings of Fact and Conclusion of Law in BP trial

Findings of Fact and Conclusion of Law in BP trial

Here is the summary of U.S. District Judge Carl Barbier's conclusions (a link to the full document is below) The Court’s conclusions relative to the Phase One trial are summarized below: 611. BP Exploration & Production, Inc. (“BPXP”) is subject to enhanced civil penalties under [...]

Judge rules BP acted with gross negligence in 2010 oil disaster

Judge rules BP acted with gross negligence in 2010 oil disaster

Bloomberg is reporting that U.S. District Judge Carl Barbier had ruled that BP acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, writing his opinion, “BP’s conduct was reckless,\.” Barbier apportioned fault of the disaster at 67 percent for BP, 30 [...]

BP petitions SCOTUS

BP petitions SCOTUS

British oil giant, BP, petitioned on Friday the U.S. Supreme Court to intervene in its battle over claim payments resulting from the 2010 Deepwater Horizon explosion in the Gulf of Mexico. BP asked the high court to enforce requirements for claimants to prove that they were directly harmed by [...]

BP employees lawsuit over BP oil disaster revived

BP employees lawsuit over BP oil disaster revived

The 5th U.S. Circuit Court of Appeals in New Orleans revived yesterday a lawsuit in which participants in four BP Plc employee retirement savings plans claimed they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. In an unanimous decision, the [...]

Fish Hatchery and Pensacola Beach Ferry Service make final list

Fish Hatchery and Pensacola Beach Ferry Service make final list

Today the Federal and State natural resources Trustees released the final Programmatic Environmental Impact Statement (PEIS) and Phase III Early Restoration Plan (ERP) for the Gulf Coast Early Natural Resources Damage Assessment (NRDA). The final PEIS considers comprehensive restoration planning [...]

BP shuts down its oil spill claims program

BP shuts down its oil spill claims program

In the wake of the U.S. Supreme Court saying that the British oil giant had to pay business claims tied to the 2010 BP oil disaster, BP has closed its internal oil spill claims program. That program was the means for the more than 10,000 claimants who opted out of the BP’s settlement agreement or [...]

Supreme Court turns down BP request to suspend paying claims

Supreme Court turns down BP request to suspend paying claims

The U.S. Supreme Court today refused to halt BP's payments of claims stemming from 2010 Gulf of Mexico oil spill. In a one-sentence order issued today, the justices said they wouldn’t put a hold on lower court rulings that require the oil company to begin making the payments, part of a $9.2 [...]

BP law firm agrees to keep income from case away from son of Supreme Court Justice Scalia

BP law firm agrees to keep income from case away from son of Supreme Court Justice Scalia

An attorney friend passed on this 2013 article on possible conflicts when U.S. Supreme Court Justices hear cases involving law firms that have their family members on the payroll. The Court did establish a policy in 1993 to handle this matter. Under that policy, justices would not ordinarily [...]

Scalia may have conflict on hearing BP appeal

Scalia may have conflict on hearing BP appeal

Last Thursday, attorney Mike Papantonio said on Ed Schultz's television program that Supreme Court Justices Antonin Scalia and Samuel Alito must recuse themselves from hearing BP's appeal on whether it should pay further damages to businesses based on the criteria the company agreed upon in 2011. [...]

BP must continue to pay business claims

BP must continue to pay business claims

The U.S. Court of Appeals in New Orleans rejected yesterday the BP's request to maintain a temporary halt on payments to businesses that can’t prove they were directly damaged by its 2010 oil spill. BP wanted the suspension of claims to continue while it appealed to the U.S. Supreme Court. In [...]

BP says it will appeal to Supreme Court

BP says it will appeal to Supreme Court

Reuters is reporting that BP said today that it will ask the U.S. Supreme Court to review a court ruling concerning the 2010 Gulf of Mexico oil spill, which forces the company to pay some businesses for economic damages without the businesses having to prove the spill caused their losses. On [...]

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