After losing their appeal of a ruling regarding the terms of a multi-billion dollar settlement for injuries caused by 2010’s Deepwater Horizon oil spill, BP will seek U.S. Supreme Court review in the case.
The ongoing litigation stems from BP’s settlement of claims following a 2010 disaster in which the BP oil platform Deepwater Horizon exploded in the Gulf of Mexico, killing 11 workers. The subsequent oil spill caused billions of dollars in damages to Gulf residents and businesses. In the wake of the spill, BP set up a multi-billion dollar fund and entered into a settlement agreement to pay claims related to the spill.
Unsettling Settlement
“No company would agree to pay for losses that it did not cause, and BP certainly did not when it entered into this settlement,” BP said in its statement. It hopes the US Supreme Court agrees, and in the meantime, wants the Fifth Circuit to continue to freeze payments under the settlement until the matter is…(ahem) settled.
Related Resources:
- BP to Ask Supreme Court to Hear Claims Issue (ABC News)
- BP Oil Spill Payouts Slowed for Review of Tenuous Claims (FindLaw’s In House)
- BP Prevails in Deepwater Horizon Insurance Dispute (FindLaw’s U.S. Fifth Circuit Blog)
- BP Oil Spill Clean-Up Leads to Jobs Scam (FindLaw)
You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help
Civil Rights
Block on Trump’s Asylum Ban Upheld by Supreme Court
Criminal
Judges Can Release Secret Grand Jury Records
Politicians Can’t Block Voters on Facebook, Court Rules
