Tag Archives: Economic Loss
bird rocks oil rig

Fifth Circuit Issues Mandate to Lift Stay on BP Claim Payments; Will Not Delay Payments to Deserving Businesses any Further

The Fifth Circuit Court of Appeals today issued a mandate vacating the injunction that imposed a Stay on claim payments back on October 3, 2013.  This came only one day after BP’s motion to keep the Stay in place was denied by the same Court. In a short response, the Fifth Circuit issued this mandate:  […]

bird rocks oil rig

Second Federal Appeals Court Affirms BP Settlement Program, Said Injunction on Payments Should Be Lifted

Orlando, FL – (March 3, 2014) — The Fifth Circuit U.S. Court of Appeals in Louisiana today ruled against BP in its bid to try and stop or severely change the terms of the Deepwater Horizon Court-supervised Settlement Program.  The Appeals panel agreed by a 2-1 vote in support of presiding Federal Court Judge Carl […]