5 Tips For Crafting An Airtight Settlement

Law360, New York (August 8, 2013, 8:44 PM EDT) -- If there's such as thing as settler's remorse, BP PLC might have it.

The energy giant is waging an ongoing — and, so far, unsuccessful — court battle over settlement payments connected to the Deepwater Horizon disaster, alleging the claims administrator is misinterpreting the terms of the $7.8 billion settlement agreement with private plaintiffs and handing out excess and even fraudulent payouts. However, that interpretation has been affirmed by the judge overseeing the sprawling multidistrict litigation, who has noted that BP put its fate in the...
To view the full article, register now.