Tag Archives: Deepwater Horizon
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BP’s Recklessness Was the Cause of the Gulf Oil Spill, Judge Rules

Presiding District Court Judge Carl Barber ruled today that BP’s gross negligence and willful misconduct led to the 2010 Deepwater Horizon oil spill disaster.  With this ruling, BP now faces enhanced civil penalties under the Clean Water Act, which could reach $18 billion. In his 153-page ruling, Judge Barbier said BP made “profit-driven decisions” during the […]

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BP Oil-Spill Settlement Approval Upheld by Appeals Court

Bloomberg-Approval of BP Plc (BP/)’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill was upheld by a U.S. appeals court. Objectors said the settlement was unfair and couldn’t be approved because it inconsistently compensated victims with the same types of economic injuries. London-based BP asked the court to […]