Judge suspends some oil spill settlement payments
Published: October 3,2013
Tags: attorney, bench, BP, Carl Barbier, court, crime, crude oil, death, energy, environment, explosion, fatality, fuel, judge, judicial, judiciary, justice, law, lawyer, legal, offshore drilling, oil spill, oil spill settlement, oilrig, Patrick Juneau, pollution, tourism, tourist, vacation, visitor
NEW ORLEANS — A federal judge has ordered the administrator of a multibillion-dollar settlement over BP’s 2010 Gulf oil spill to immediately suspend making settlement offers and payments to some businesses that claim the company’s 2010 oil spill cost them money.
U.S. District Carl Barbier issued Thursday’s order a day after an appeals court reversed his rulings in a dispute between BP and plaintiffs’ attorneys over the settlement’s formula for compensating businesses.
BP argued that claims administrator Patrick Juneau’s interpretation of the settlement could have forced it to pay billions of dollars for bogus or inflated business claims. Barbier had upheld Juneau’s interpretation.
Barbier said Thursday’s order applies to any business claims in which the “matching of revenues and expenses is an issue,” but he didn’t specify how many claimants could be affected.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- Analyst: KiOR Columbus plant may end up sold as scrap
- Gulf oil rig explosion kills one worker, injures three
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Federal appeals court: State's abortion law is unconstitutional
- Ex-MDEQ leader Fisher joins Butler Snow
- Six out of eight universities could have higher tuitions in 2015
- Former MDEQ Executive Director Trudy Fisher joins Butler Snow
- Humana and Bill, Hillary and Chelsea Clinton Foundation partnering
- Can Metrocenter rise from the ashes? Again