State and local government claims against BP reported this week with BP financial report total $34B– http://www.reuters.com/article/2013/02/05/us-bp-spill-claims-idUSBRE91419T20130205. Federal trial still set for Feb 25, 2013, although parties still negotiating– http://www.nbcnews.com/id/50698646/ns/business-oil_and_energy/. Read More
Tag: litigation
BP settlement
Judge signs off on $4B BP plea agreement– http://www.justice.gov/opa/pr/2013/January/13-ag-123.html. Copy of agreement is at http://www.justice.gov/criminal/vns/docs/2012/11/2012-11-15-BP-Guilty-Plea-Agreement.pdf Read More
Spill settlement
DoJ press release (and links to related documents) regarding settlement with Transocean at http://www.justice.gov/opa/pr/2013/January/13-ag-004.html. Environmental Law Inst. summary of Transocean DWH Oil Spill settlement is at http://eli-ocean.org/gulf/files/Transocean-Settlement.pdf Read More
BP settlement
Judge Barbier approves $7.8B settlement for BP class action suit– http://www.insurancejournal.com/news/national/2012/12/26/275231.htm Read More
BP settlement
BP settles criminal fines– http://www.abc6.com/story/20107832/bp-to-pay-45-billion-in-oil-spill-settlement Read More
DWH settlement
MOEX Offshore 2007 LLC, 10% owner of the lease for the Macondo Well, settles for $90M for Deepwater Horizon oil spill– http://www.justice.gov/opa/pr/2012/February/12-ag-231.html Read More