A South Florida man is facing a potentially lengthy prison sentence after a jury convicted him of attempting to defraud the BP oil spill claims fund out of $1.2 million. A jury on Tuesday convicted 32-year-old Jean Mari Lindor of …
BP Plc has tallied up claims made by states and local governments on the U.S. Gulf Coast for economic and property damages from the Macondo oil spill, and come up with a figure of $34 billion, which it deems “substantially” …
It is a question that has lawyers and many others on the U.S. Gulf coast buzzing: Will BP strike a massive deal to settle the remaining claims over the Gulf of Mexico well blowout? BP could be nearing a settlement …
Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class action settlement with a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick …
Transocean Ltd agreed to pay $1.4 billion to settle U.S. government charges over BP Plc’s massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly responsible. Transocean, which …
Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth …
Louisiana’s Republican U.S. senator recently blasted oil giant BP PLC for what he called its attempt to run from its full cleanup responsibilities for the nation’s worst offshore spill, the 2010 disaster that left the Gulf Coast heavily oiled. U.S. …
Two years after the worst offshore oil spill in U.S. history, mats of oily tar from BP Plc.’s ill-fated Macondo well have turned up on Louisiana’s shore after Hurricane Isaac stirred up submerged oil deposits, BP officials said on Tuesday. …
BP executives wanted to concentrate blame for the Deepwater Horizon oil spill disaster on “blue collar rig workers” in order to save themselves, U.S. government lawyers wrote in a court document that until Thursday was partially redacted. According to the …
Lingering effects of Hurricane Isaac in Louisiana include more than 20,000 electric customers still without power, an estimated 700 people still in shelters and gobs of weathered oil washing ashore along a stretch of coastline. The Federal Emergency Management Agency …
