BP appeals judge's ruling in Gulf spill settlement

Quicklink submitted by Sheila Samples     Permalink
Related Topic(s): ; ; , Add Tags

View Ratings | Rate It

opednews.com Headlined to H2 4/5/13

Become a Fan
  (36 fans)


At news.yahoo.com


BP oil spill
(image by AP)

BP has appealed a federal judge's interpretation of settlement terms governing payouts to businesses that claim the company's massive 2010 oil spill in the Gulf of Mexico cost them money. BP on Wednesday asked the 5th U.S. Circuit Court of Appeals to review last month's ruling by U.S. District Judge Carl Barbier, who appointed Lafayette attorney Patrick Juneau to serve as claims administrator for a multibillion-dollar settlement between BP and a team of private plaintiffs' attorneys. BP says Juneau violated the settlement in the way he used a complex formula to determine the payments to businesses, but Barbier upheld Juneau's interpretation.

Read the rest of the story HERE:

At news.yahoo.com


 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)
No comment could express the horror at what coloss... by Simon Leigh on Sunday, Apr 7, 2013 at 11:09:21 AM