BP Asks 5th Circ. To Review Deepwater Spill Payouts

Law360, New York (April 4, 2013, 4:11 PM EDT) -- BP PLC on Wednesday asked the Fifth Circuit to weigh in on its claims that the methods used by the administrator overseeing a $7.8 billion settlement in the Deepwater Horizon multidistrict litigation have resulted in inflated and erroneous payments.

BP has been locked in a battle with claims administrator Patrick Juneau over allegations he has misinterpreted key provisions of last year’s massive accord and, as a result, is doling out excess payments to businesses asserting losses from the 2010 spill, including some it says did not...
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.