Litigation

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BP Gulf Spill Costs Hit $2 Billion, No End Yet
Posted on 21 Jun 2010 by LexisNexis Litigation Resource Community Staff

ON THE GULF OF MEXICO - (AP ) BP said Monday it has spent $2 billion in two months fighting its Gulf of Mexico oil spill and compensating victims, with no end in sight. The British oil giant released its latest tally of response costs, including $105... Read More

AIG Pays $23M In Gulf Oil Spill Claims; Total May Rise
Posted on 6 Aug 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) Taxpayers took another hit, this one indirect, from the oil spill caused by the Deepwater Horizon rig explosion through insurance claims related to the disaster. AIG, the insurance giant that is 80 percent owned by the government, said... Read More