BP Wants 5th Circ. To Take Up Transocean Insurance Feud

Law360, New York (March 2, 2012, 10:38 PM EST) -- BP PLC on Friday asked the Fifth Circuit to take a look at a ruling in multidistrict litigation over the Deepwater Horizon oil spill that said Transocean Ltd.’s insurers had no duty to cover BP for costs related to the disaster.

Attorneys for BP filed the notice of appeal just one day after U.S. District Judge Carl Barbier of the Eastern District of Louisiana entered partial final judgment at BP’s request so it could take the decision to the Fifth Circuit without delay.

Transocean’s policies with...
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