Texans Tell 5th Circ. $8B BP Settlement Favors Louisianans

Law360, Washington (July 15, 2013, 6:32 PM EDT) -- Texan businesses and individuals affected by the Deepwater Horizon oil spill asked the Fifth Circuit on Friday to remand BP Exploration & Production Inc.'s $7.8 billion property damage class action settlement, claiming the terms make it more difficult for Texans to recoup their losses than other class members.

While class members in certain parts of  Alabama, Florida, Louisiana and Mississippi can request settlement funds without individually proving their business losses stemming from the 2010 Deepwater Horizon oil spill, no Texan businesses fall into that category, although...
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