Halliburton Wants BP To Cover Deepwater Spill Claims

Law360, New York (December 1, 2011, 2:13 PM EST) -- Halliburton Energy Services Inc. on Wednesday asked the court handling the multidistrict litigation over the Deepwater Horizon oil spill to force BP PLC to indemnify it for all pollution and contamination claims related to the blowout that caused the disaster.

Halliburton argued in a motion that its offshore drilling contract with BP obligated the oil giant to cover Halliburton for nearly all claims stemming from the spill.

Over the summer, the companies filed parallel lawsuits against each other that were later merged with the cases in...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.