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 ...

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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.

Authors Website: http://sheilastuff.blogspot.com

Authors Bio:

Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.