By Michael Cessna, Of Counsel, Lathrop & Gage LLP The potential financial impact of the April 20, 2010 explosion and sinking of the Deepwater Horizon in the Gulf of Mexico may well eclipse the financial impact of the Exxon Valdez spill in 1989, which...
Published
Tue, May 18 2010 9:02 AM
by
Michael Cessna
Filed under: environmental cleanup, Oil spill, insurance exclusions, insurance coverage, business interruption, environmental insurance, BP Oil, Exxon Valdez, Deepwater Horizon, class action, Environmental Disaster, insurance claims, pollution exclusion, shrimp harvest, fishermen, fishing, irreparable harm, lawsuit, litigation, oil rig explosion, Gulf of Mexico, damages, Clean Water Act, reinsurance, Environmental Claims, Catastrophic Loss, Gulf Oil spill, charter fishing, economic loss, class actions, pollution insurance, Oil Pollution Liability Act, environmental liability