October 18, 2012
A $7.8 billion class action settlement between BP PLC and Deepwater Horizon oil spill victims would taint a forthcoming trial on liability for the disaster, Halliburton Co. said in a memorandum it received permission to file Wednesday in federal court.
October 12, 2012
The U.S. Department of Justice and Transocean Ltd. on Friday asked a federal judge to draw adverse inferences from BP PLC workers' refusal to testify about conditions at the Macondo well in multidistrict litigation over the Deepwater Horizon oil spill.
October 11, 2012
The judge handling multidistrict litigation over the 2010 Deepwater Horizon oil spill on Wednesday rejected a request by victims' lawyers to push back the deadline to opt out of the $7.8 billion settlement BP PLC struck with the plaintiffs' steering committee.
October 04, 2012
U.S. Congressional Republicans representing Gulf Coast states urged Attorney General Eric Holder on Thursday to ensure their states get the majority of any negotiated settlement with BP PLC in multidistrict litigation over the 2010 Deepwater Horizon spill, though observers believe the suit is headed for trial.
October 02, 2012
The federal judge handling multidistrict litigation over the Deepwater Horizon oil spill on Monday threw out claims that the disaster damaged values of unpolluted property, impaired recreation and harmed BP PLC-branded gas stations, ruling they were too tenuous.
September 26, 2012
A federal judge on Wednesday denied a series of discovery requests by opponents of a $7.8 million class action settlement between BP PLC and victims of the Deepwater Horizon oil spill, ruling the evidence they sought was unnecessary.
September 11, 2012
Louisiana's attorney general has objected to a proposed $7.8 billion settlement between BP PLC and most private plaintiffs in the Deepwater Horizon oil spill multidistrict litigation, calling the settlement unfair and claiming BP has overstated the Gulf Coast's environmental recovery.
September 10, 2012
Class members from BP PLC's $7.8 billion settlement of economic and damage claims over the Deepwater Horizon oil spill told a Louisiana federal judge on Friday that they were dissatisfied with the agreement, arguing the deal arbitrarily discriminates among parcels of land.
September 10, 2012
Transocean Ltd. and the federal government have tried to broker a $1.5 billion settlement in multidistrict litigation over the Deepwater Horizon oil spill, but talks are at an impasse, according to a Transocean regulatory filing released Monday.
September 06, 2012
BP PLC's management tried to protect itself by pinning the massive Deepwater Horizon oil spill on "blue-collar rig workers," according to a document unveiled Thursday by the U.S. government in response to BP's proposed $7.8 billion class action settlement with Gulf Coast residents and cleanup workers.