Murphy Oil Can't Seek Spill Damages From Coast Guard

Law360, New York (February 28, 2014, 5:15 PM EST) -- A Louisiana federal judge on Friday found Murphy Oil USA Inc. can't collect damages for lost profits from the U.S. Coast Guard after a barge collision and oil spill because it provided no evidence it actually lost business.

The dispute arose out of a July 2008 accident that caused more than 282,000 gallons of oil to gush into the lower Mississippi River. As part of its efforts to contain the spill, the Coast Guard closed a portion of the river for several days. 

Murphy operates an...
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