BP oil spill News

BP Balks at Extending Spill Settlement to Moratorium Losses

BP Plc’s oil-spill claims administrator shouldn’t extend a company settlement to cover claims of business losses caused by the Obama administration’s deep-water drilling ban, BP told a court. Lawyers for victims claiming harm from the 2010 spill last month proposed …

Commentary: Oil Spill Mitigation Failure and the Impact on the Insurance Industry

Governments and the oil spill industry cannot effectively and ethically mitigate oil spills on the ocean, and this fact has a strong negative impact on the insurance industry. Significant oil spills are still common in the U.S. even though they …

BP Cites New Fraud Allegations in Spill Settlement

BP says it has uncovered new allegations of fraud and conflicts of interest inside the settlement program that has awarded billions of dollars to Gulf Coast businesses and residents following the company’s 2010 oil spill in the Gulf of Mexico. …

Halliburton Plea May Help BP in Spill Liability Battle

BP Plc appeared to gain an edge in the battle over liability for the 2010 Gulf of Mexico spill on Friday, after Halliburton abandoned one of its arguments that tried to paint the British oil company as unconcerned about well …

Guilty Plea in Oil Spill Claim by Phony ‘Caterer’

The U.S. Attorney’s Office in New Orleans says a 27-year-old man has pleaded guilty in connection with a fraudulent claim following the 2010 BP oil spill. Jordan A. Sanchez of New Orleans pleaded guilty to mail fraud on Thursday. Prosecutors …

Judge Denies BP Effort to Suspend Gulf Spill Claims Process

A federal judge denied BP Plc’s attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator looks into possible misconduct in the payout process. The payments are being …

Lawyer Accused of Misconduct Resigns From BP Case

A lawyer working for the administrator overseeing a multibillion-dollar settlement from the 2010 BP oil spill in the Gulf resigned Friday after being accused of misconduct. Lionel H. Sutton III resigned Friday morning, Nick Gagliano, a spokesman for court-appointed administrator …

Squabble Over New Orleans Eatery Goes to Court

Brennan’s, a New Orleans restaurant that famously invented the Bananas Foster dessert six decades ago, is more recently known for a long-running family clash over ownership of the French Quarter eatery. Infighting among relatives of the restaurant’s late founder, Owen …

Overseer of Victim Compensation Funds Says Work is Wrenching

Massachusetts lawyer Kenneth Feinberg has been near the heart of some of the worst catastrophes, dealing with people who’ve faced profound loss after 9/11, the BP oil spill, the Virginia Tech shootings, and the Colorado movie theater ambush. Now, he’s …

Plaintiffs’ Lawyer Resigns Amid BP Oil Spill Trial

A Texas lawyer has resigned from the team of plaintiffs’ attorneys who brokered a multibillion-dollar settlement with BP PLC and are facing the company at trial over the massive 2010 oil spill in the Gulf of Mexico. U.S. District Judge …