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Anadarko's $100M Coverage Showdown Rattles Energy Cos.

Law360 (September 14, 2018, 2:04 PM EDT) -- Oil and gas companies will be watching intently as Anadarko Petroleum Corp. heads to the Texas Supreme Court on Monday to challenge a ruling that insurance doesn't cover its $100 million defense bill in Deepwater Horizon litigation, in a case that energy industry groups have decried as an egregious example of insurers using courts to rewrite their policies.

Anadarko, which was a minority partner in the offshore well where the 2010 blowout occurred, is seeking to upend a November 2016 decision by a Texas Court of Appeals panel in Beaumont that absolved underwriters at Lloyd's of London of any duty to...

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