Oil Co. Appeals Insurers' Win In Leak Coverage Brawl

Law360, New York (February 25, 2010, 1:31 PM EST) -- Jefferson Block 24 Oil & Gas LLC is hoping to revive its $3 million Oil Pollution Act policy coverage suit against several insurers — including certain underwriters at Lloyd's of London — over cleanup costs stemming from an oil spill in the Gulf of Mexico.

The oil company on Wednesday filed a notice of appeal in the U.S. District Court for the Eastern District of Louisiana, stating its intention to ask the U.S. Court of Appeals for the Fifth Circuit to reverse Judge Jay C. Zainey's...
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