BP Accused Of Coercing Deepwater Settlements

Law360, New York (July 25, 2011, 6:05 PM EDT) -- BP PLC was accused Monday in Louisiana federal court of using coercive tactics to drive victims of the 2010 Deepwater Horizon oil spill toward quick, reduced settlements, and plaintiffs’ attorneys requested that a special master oversee the claims process.

BP has been pushing oil spill victims into signing settlement releases in return for the payment of interim claims, instead of using money from the company’s $20 billion Gulf Coast Claims Facility, the plaintiffs’ lawyers said. While BP allegedly set up the interim claims process in February,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.