Plaintiffs’ attorneys who brokered a multibillion-dollar settlement with BP following the company’s 2010 Gulf oil spill have asked a federal appeals court to uphold a judge’s approval of the deal. Only a “paltry few objectors” have raised the “narrowest of …
The judge who will allocate responsibility for the 2010 Gulf of Mexico oil spill has told lawyers to give him their views about whether a series of negligent acts can add up to gross negligence. The Justice Department and private …
BP is being temporarily suspended from new contracts with the U.S. government, the Environmental Protection Agency says. Two weeks ago, BP agreed to plead guilty to charges involving the deaths of 11 workers on the Deepwater Horizon oil rig, which …
Only about half the businesses and individuals who asked to be excluded from a proposed settlement over BP’s 2010 oil spill submitted valid requests, the company and a team of plaintiffs’ attorneys said in a court filing Monday. A maximum …
Alabama Attorney General Luther Strange says BP’s decision to plead guilty to criminal charges related to the Gulf oil spill strengthens the state’s standing in pursuing a civil case. Strange said there different standards in criminal and civil cases. But …
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 …
Natural catastrophes and man-made disasters cost the insurance industry $43 billion in 2010, Swiss Re, the world’s second-biggest reinsurer, said on Tuesday, revising up an earlier estimate. Swiss Re also revised down its estimate of worldwide economic losses from 2010 …