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Posts Tagged ‘BP’

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 [...]

BP loses appeal, must start paying business claims

BP loses appeal, must start paying business claims

Yesterday the U.S. Court of Appeals for the Fifth Circuit in New Orleans refused to reconsider its decision that businesses do not have to prove they were directly harmed by the oil spill to get settlement payouts. This means the claims process, which has been suspended since a ruling in December [...]

Head of BP cleanup operations allegedly used inside knowledge to unload BP stock days after explosion

Head of BP cleanup operations allegedly used inside knowledge to unload BP stock days after explosion

The Securities and Exchange Commission charged yesterday Keith A. Seilhan, a former 20-year BP employee and a senior responder during the 2010 Deepwater Horizon oil spill, with insider trading in BP securities based on confidential information about the magnitude of the disaster. The price of BP [...]

BP and Coast Guard halt last of the shoreline cleanup operations

BP and Coast Guard halt last of the shoreline cleanup operations

Sunday, April 20 is the fourth anniversary of the Deepwater Horizon explosion. Yesterday, BP sent out a press release that said the U.S. Coast Guard has ended patrols and operations in Louisiana. Similar operations ended in Florida, Alabama and Mississippi in June 2013. “Reaching this [...]

Remembering the BP oil spill

Remembering the BP oil spill

CNN national correspondent David Mattingly recently visited Pensacola to talk about his reporting on 2010 BP Gulf Oil Spill. He spent more time on the Gulf Coast during the disaster than any other national correspondent and created dozens of reports detailing the events and people involved. [...]

BP wins bids for Gulf of Mexico blocks

BP wins bids for Gulf of Mexico blocks

Less than a week after the Environmental Protection Agency lifted its ban on BP, the British oil giant wins big in the latest auction for oil and gas block in the Gulf of Mexico. The Wall Street Journal reports "BP was the high bidder on 24 oil and gas blocks offshore out of 31 properties it [...]

BP pays Walton County $7.6 million

BP pays Walton County $7.6 million

The Northwest Florida Daily News reports that Walton County has received $7.6 million from BP due to recently negotiated settlement in its three-year lawsuit regarding the 2010 Deepwater Horizon Oil Spill . The County Commission has received a check for $3,356,219.14 and the Tourist Development [...]

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