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August 2013 Archives
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August 2013 Archives

Judge Refuses to Suspend BP Settlement Payments

A federal judge has rejected BP's latest request to suspend settlement payments to Gulf Coast residents and businesses while a former FBI director leads an independent investigation of the program, which compensates victims of the company's 2010 oil spill.

BP spill claims deadline may slip by year or more

(Reuters) - The April 2014 deadline for compensation claims against BP over its U.S. oil spill is almost certain to be extended, say both side of the legal settlement that governs payouts, possibly into 2015.

BP not a victim: Opposing view

Three years ago, the Gulf Coast was devastated by the worst man-made environmental disaster in American history. Eleven men lost their lives on the Deepwater Horizon oil rig, and millions of gallons of oil destroyed countless wildlife. The region's economic backbone was shattered.

BP says rejection of private oil spill claims appeal could scuttle whole settlement

A BP attorney on Friday warned the U.S. 5th Circuit Court of Appeals that a failure to throw out a lower court ruling upholding rules the company claims allows businesses to be overpaid potentially billions of dollars for Deepwater Horizon oil spill economic settlement claims could result in the invalidation of the entire private claims settlement.

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