Halliburton Says Deepwater Deal Taints Liability Fight

Law360, New York (October 18, 2012, 3:40 PM EDT) -- A $7.8 billion class action settlement between BP PLC and Deepwater Horizon oil spill victims would taint a forthcoming trial on liability for the disaster, Halliburton Co. said in a memorandum it received permission to file Wednesday in federal court.

In the filing, Halliburton said the settlement would encourage BP and the plaintiffs' steering committee to work together to assign more liability for the spill to itself and other defendants.

Halliburton performed cement contracting on the ill-fated Macondo well, which blew out in April 2010 and...
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