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In Re: Deepwater Horizon
Case Number:
13-30095
Court:
Nature of Suit:
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May 27, 2014
BP Can't Extend Deepwater Payment Freeze, 5th Circ. Says
The Fifth Circuit on Tuesday rejected BP PLC's request to keep in place a stay suspending payments from its estimated $9.2 billion Deepwater Horizon settlement until after the U.S. Supreme Court has considered its bid challenging awards to claimants without proof of damages directly tied to the oil spill.
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January 21, 2014
BP Asks 5th Circ. To Reconsider Deepwater Settlement Ruling
BP PLC on Tuesday urged the Fifth Circuit to reconsider its ruling affirming a decision approving the energy giant's multibillion-dollar settlement of claims for lost business tied to the Deepwater Horizon disaster, arguing the appellate court's opinion directly conflicts with precedent governing Rule 23 class certification.
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January 13, 2014
5th Circ. Puts BP Spill Payments Fight On Life Support
The Fifth Circuit's refusal Friday to disturb BP PLC's multibillion-dollar settlement of claims for lost business tied to the Deepwater Horizon disaster deals a mortal blow to the energy giant's bid to block disputed spill payments and underscores the judiciary's reluctance to rescue BP from a deal they agreed to, experts say.
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January 10, 2014
5th Circ. Upholds BP's $9B Deepwater Settlement
The Fifth Circuit on Friday upheld a district court's order and judgment approving BP PLC's multibillion-dollar settlement of claims for lost business tied to the Deepwater Horizon disaster, saying a lower court judge didn't need to determine whether some eligible class members lacked an injury caused by the spill.
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October 18, 2013
Settlement Class Says Deepwater Deal Should Be Affirmed
A district court's order and judgment approving a multibillion-dollar settlement of claims for lost business tied to the Deepwater Horizon disaster should be affirmed, members of the economic and property damages settlement class told the Fifth Circuit in a letter on Friday.
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October 15, 2013
BP Tells 5th Circ. Deepwater Deal Needs Redo On Remand
BP PLC told the Fifth Circuit on Friday that a multibillion-dollar settlement of claims for lost business tied to the Deepwater Horizon disaster is invalid unless the federal court overseeing the deal revamps its payout eligibility formulas.