Judge Greenlights Some BP Investor Holder Claims In MDL

Law360, New York (July 13, 2017, 10:42 PM EDT) -- A Texas federal judge has allowed a small number of institutional investors to move forward in their efforts to recover an expanded scope of damages under English common law in multidistrict litigation against BP Plc related to the Deepwater Horizon oil spill, according to an order unsealed Thursday.

U.S. District Judge Keith Ellison ruled on June 30 that the New York City Employees’ Retirement System, Mondrian Global Equity Fund LP and some of the other institutional investors suing BP can proceed with their “holder claims” —...
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