January 15, 2015
A Louisiana federal judge on Thursday found that 3.19 million barrels of oil was released by BP PLC into the Gulf of Mexico during the April 2010 Deepwater Horizon disaster, limiting potential Clean Water Act fines to $13.7 billion from a potential $18 billion.
January 13, 2015
In a curt order handed down on Monday, a Louisiana district judge overseeing the Deepwater Horizon spill suit told attorneys participating in the contentious multiparty litigation to stop sending him emails.
January 08, 2015
Whether BP PLC can offset by as much as $100 million any eventual judgment won by the state of Alabama in the Deepwater Horizon spill suit is still up for debate after a Louisiana federal judge ruled Wednesday that the state acted prematurely in attempting to dismiss the counterclaim.
December 22, 2014
The U.S. government on Friday urged the judge overseeing the Deepwater Horizon multidistrict litigation to hit BP Exploration & Production Inc. with $18 billion in Clean Water Act penalties, saying the energy giant's role in the 2010 disaster warranted the maximum penalty under the law.
December 15, 2014
The Louisiana federal judge overseeing the Deepwater Horizon multidistrict litigation again refused on Friday to award Cameron International Corp. $3.4 million in attorney fees despite an earlier ruling that defendant Liberty Insurance Underwriters Inc. owes Cameron $50 million for rejecting coverage for suits over the company's blowout preventer.
December 09, 2014
The U.S. federal government on Monday fired back at BP PLC's bid to cap its potential Clean Water Act penalties for the Deepwater Horizon oil spill disaster, telling a Louisiana federal court that the U.S. Environmental Protection Agency and the U.S. Coast Guard have the authority to set the penalties at $18 billion.
December 01, 2014
BP PLC responded to concerns from Louisiana and Mississippi that findings from the penalty phase of the Deepwater Horizon multidistrict litigation might affect their separate damages claims, telling a Louisiana federal court that it supports a court order clarifying that the phase won't preclude those claims.
November 20, 2014
The state of Louisiana told a federal judge that it is concerned that BP PLC will submit evidence on the state's damage in the penalty phase of the Deepwater Horizon multidistrict litigation, saying that the state won't be able to rebut evidence critical to the state's damages case.
November 17, 2014
BP PLC on Friday asked a Louisiana federal judge to cap its potential Clean Water Act penalties for the Deepwater Horizon oil spill disaster at a maximum of $12.3 billion — a third less than the $18 billion U.S. prosecutors are seeking.
November 13, 2014
A Louisiana federal judge on Thursday denied BP PLC's bid to escape a finding that the company was grossly negligent in the events leading up to the Deepwater Horizon oil spill disaster, potentially putting BP on the hook for up to $18 billion in Clean Water Act penalties.