Coast Guard Right To Deny Oil Spill Funds: 5th Circ.

Law360, New York (November 23, 2011, 7:25 PM EST) -- The Fifth Circuit on Tuesday upheld the U.S. Coast Guard's refusal to pay out $8.1 million from an federal oil spill liability trust to a company involved in a 27,000-gallon spill in a Texas river in 2004, ruling that the Coast Guard had not acted capriciously in denying the funds.

The companies involved in the spill, which resulted from a collision between a barge and a much larger tanker ship, tried to make it so the owner of the barge, Buffalo Marine Service Inc., would be...
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