Litigation

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Gulf Oil Spill Plaintiffs' Steering Committee Announces Finalized Settlement With BP
Posted on 19 Apr 2012 by LexisNexis Litigation Resource Community Staff

Joint Motions Seek Preliminary Court Approval NEW ORLEANS -- The Plaintiffs' Steering Committee (PSC) leading the litigation surrounding the 2010 BP Gulf Oil Spill announced April 18 that it has finalized its settlement with BP. The PSC has... Read More

Macondo Well Lessee Agrees To $1 Billion Settlement With BP Over Gulf Oil Spill
Posted on 20 May 2011 by Shane Dilworth

NEW ORLEANS - (Mealey's) BP PLC and MOEX Offshore 2007 LLC and affiliates Mitsui Oil Exploration Co. and MOEX USA Corp., which had a 10 percent interest in the Macondo Well where the Deepwater Horizon oil rig was drilling, announced May 20 that they... Read More

Company Agrees To Pay BP LLC $4 Billion To Settle Oil Spill Claims
Posted on 17 Oct 2011 by Christopher Bauer

NEW ORLEANS - (Mealey's) BP LLC announced Oct. 17 that it has reached a $4 billion settlement agreement with a company that held a 25 percent interest in the Gulf of Mexico oil drilling site of the 2010 Deepwater Horizon explosion and oil spill (... Read More

The Gulf Oil Spill: Where We Are One Year Later
Posted on 20 Apr 2011 by Gregg Lawson

NEW ORLEANS - One year ago on April 20, an explosion and fire on the Deepwater Horizon oil rig killed 11 people and sent millions of gallons of oil into the Gulf of Mexico in a spill it took three months to stop. A year after the worst offshore oil... Read More

BP Report Blames Numerous Parties, Factors For Gulf Oil Spill
Posted on 9 Sep 2010 by LexisNexis Litigation Resource Community Staff

BP on Sept. 8 released a report blaming a number of factors and parties, including itself, Halliburton and Transocean, for the April 20 explosion on its Deepwater Horizon deepwater oil drilling rig. In a press release on the BP Web site ( www.bp... Read More

BP Agrees To Pay $18.7 Billion To Resolve Claims Over Gulf Oil Spill
Posted on 2 Jul 2015 by Shane Dilworth

NEW ORLEANS — (Mealey’s) BP Exploration & Production Inc. will pay $18.7 billion over the course of 18 years to resolve Clean Water Act (CWA) and natural resource damages claims from the federal government and states of Alabama, Florida... Read More

Gulf Coast Claims Facility Now Processing Oil Spill Claims
Posted on 26 Aug 2010 by LexisNexis Litigation Resource Community Staff

DUBLIN, Ohio -- Gulf Coast Claims Facility Administrator Kenneth R. Feinberg has announced that the Gulf Coast Claims Facility (GCCF) is fully functioning and will begin to process claims for emergency payment. All individual and business claims and supporting... Read More

Judge Gives Preliminary Approval Of Settlement Of Gulf Oil Spill Claims
Posted on 3 May 2012 by Christopher Bauer

NEW ORLEANS - (Mealey's) The Louisiana federal judge overseeing the multidistrict litigation for claims arising from the explosion of the Deepwater Horizon rig and ensuing oil spill in the Gulf of Mexico gave preliminary approval for two separate... Read More

Oil Spill MDL Judge: BP, Andarko Liable Under Clean Water Act
Posted on 23 Feb 2012 by Shane Dilworth

NEW ORLEANS - (Mealey's) The federal judge in Louisiana presiding over litigation stemming from the explosion of the Deepwater Horizon oil rig and ensuing oil spill in the Gulf of Mexico held Feb. 22 that BP PLC and Andarko Petroleum Co. are liable... Read More

Where Does The BP Gulf Oil Spill Rank Among The World’s Worst?
Posted on 8 Jun 2010 by Gregg Lawson

The black crude keeps flowing into the Gulf of Mexico from an uncapped oil rig, the worst oil leak in U.S. history. On May 28, the chairman of BP upgraded the severity of the oil spill from the explosion of the Deepwater Horizon offshore drilling rig... Read More

Well Investor Agrees To Pay $90 Million To Resolve Gulf Oil Spill Claims
Posted on 21 Feb 2012 by Shane Dilworth

NEW ORLEANS - (Mealey's) MOEX Offshore 2007 LLC has agreed to pay $90 million to resolve liability and pay civil penalties under the Clean Water Act (CWA) to settle claims asserted against it by the government and five states over the explosion of... Read More

Civil Trial Over Deepwater Horizon Oil Spill Delayed A Week
Posted on 28 Feb 2012 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - In a joint statement, BP and the Plaintiffs' Steering Committee (PSC) confirmed that the U.S. District Court for the Eastern District of Louisiana on Feb. 26 adjourned the start of the Deepwater Horizon Multi-District Litigation 2179... Read More

Former BP Engineer Arrested For Obstructing Justice In Oil Spill Investigation
Posted on 24 Apr 2012 by Shane Dilworth

NEW ORLEANS - (Mealey's) The U.S. Department of Justice on April 24 announced that a former engineer for BP PLC was arrested for two counts of obstructing justice in the criminal investigation of the April 20, 2010, explosion of the Deepwater Horizon... Read More

Halliburton, Transocean Strike Back At BP Oil Spill Report
Posted on 10 Sep 2010 by LexisNexis Litigation Resource Community Staff

Halliburton and Transocean have struck back at their partner in the Deepwater Horizon drilling rig that exploded and caused the massive Gulf oil spill, criticizing the findings of a BP investigation report released Sept. 8 that found them equally to blame... Read More