BP oil spill settlement appeal News

BP Still Trying to Undo Some Oil Spill Claims Payments to Nonprofits

BP Plc is seeking to undo payments to some victims of the 2010 Gulf of Mexico spill in a move opposing lawyers warn could open the floodgates to challenging hundreds of thousands of individual damage-claim awards. BP, which is struggling …

BP Loses Bid to Recover Oil Spill Overpayments

BPlc can’t recover hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill, a U.S. judge said.   After the court revised the method for calculating such …

BP Wants Business to Repay ‘Windfall’ Oil Spill Claim Overayments

BP Plc has asked a U.S. judge to direct what it called a “vast number” of businesses to repay hundreds of millions of dollars it says were wrongly awarded as compensation on claims stemming from the 2010 Gulf of Mexico …

BP Can’t Hold Spill Payments Until Supreme Court Hears Settlement Appeal

BP Plc can’t delay writing checks for hundreds of millions of dollars in damage claims while it asks the U.S. Supreme Court to review disputed payments in its $9.2 billion accord over the 2010 Gulf of Mexico oil spill. The …

Court Rejects BP Bid to Limit Oil Spill Claims

BP Plc faces billions of dollars in additional payments after failing to convince an appeals court that the company is being forced to pay claims that aren’t directly related to the 2010 Gulf of Mexico oil spill. A three-judge panel …

Judge Rejects BP Bid to Shut Down Gulf Spill Payments

BP Plc’s bid to temporarily halt payments under its $9.2 billion oil-spill settlement so that heightened accounting and fraud safeguards can be established was rejected by a federal judge in New Orleans. U.S. District Judge Carl Barbier, in a three-sentence …

Court Rules BP Must Honor Terms of $9.2 Billion Oil Spill Settlement

BP Plc must abide by terms of a $9.2 billion settlement it reached with victims of the 2010 oil spill, a federal appeals court ruled in rejecting the company’s objections that the deal is being misinterpreted by the claims administrator. …

BP Loses Bid to Halt Payments to Seafood Workers

BP Plc lost a bid to have a judge suspend about $1.3 billion in payments to seafood-industry workers who are part of the 2010 Gulf of Mexico oil spill settlement because of alleged improprieties by a lawyer involved in the …

BP Oil Spill Settlement Fight Wages On

BP Plc’s $9.2 billion partial settlement over the 2010 Gulf of Mexico oil spill was upheld by an appeals court over the company’s protest that the deal wasn’t valid unless a claims-payment dispute was resolved in its favor. The U.S. …