January 14, 2014
U.S. juries awarded three verdicts of $1 billion or more for the third straight year in 2013, topped by a $1.2 billion award against Dow Chemical Co., the largest ever in a price-fixing case. Second was $1.1 billion awarded by …
January 13, 2014
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. …
January 3, 2014
BP Plc’s bid to block economic-loss payments tied to the 2010 Gulf of Mexico oil spill unless the claims can be directly linked to the disaster won fast-track consideration by an appeals court. The London-based company said last week that …
December 18, 2013
BP Plc asked a U.S. judge to stop payments in the $2.3 billion seafood-industry portion of its settlement over the 2010 Gulf of Mexico oil spill pending an investigation of fraud claims against a plaintiffs’ attorney. BP yesterday also sued …
December 17, 2013
A former BP Plc engineer deliberately destroyed evidence sought by the U.S. for a probe of the 2010 Gulf of Mexico well explosion and oil spill, a federal prosecutor said at the end of a trial in New Orleans. Prosecutors …
December 9, 2013
BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme Court decision. Shareholders sought permission …
December 5, 2013
Anadarko Petroleum Corp. and BP Plc asked an appeals court to throw out a judge’s finding that both companies were liable under the U.S. Clean Water Act for the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier …
November 4, 2013
Opponents of BP Plc’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. appeals court to reverse a judge’s approval of the agreement. The agreement is unfair and …
October 8, 2013
BP Plc deliberately exposed neighbors of a Texas refinery to tons of cancer-causing gases and then misled regulators and community leaders about the dangers, a lawyer told a Texas jury. Jurors are expected to begin deliberations tomorrow after four weeks …
October 3, 2013
BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the program’s administrator, …