Tag Archives: Lawyers
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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 […]

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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 […]