BPX Prod Co v. Certain Underwriters
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July 27, 2023
Lloyd's Asks 5th Circ. To Uphold Bad Cement Row Dismissal
Underwriters at Lloyd's of London urged the Fifth Circuit to uphold a Texas magistrate's dismissal of an oil and gas producer's lawsuit seeking coverage for a settlement it reached with an oil field services firm over faulty cement, arguing there's no relief available for the company.
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May 30, 2023
Oil Co. Asks 5th Circ. To Revive Faulty Cement Coverage Row
An oil and gas producer urged the Fifth Circuit to revive its lawsuit seeking to hold Lloyd's of London underwriters liable for a settlement it reached with a now-bankrupt oil field services firm over faulty cement, asserting that it proved the underwriters flouted their duty to defend and indemnify.