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.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DAVID DALLAS: Mr. McDaniel goes to Washington
- Judge to hear from True the Vote as McDaniel attempts to overturn loss to Cochran
- Weyerhaeuser investing $57M to modernize lumber mill
- Moon River Foods creating 100 jobs in Mississippi Delta
- Google chooses Mad Genius as example of Internet use
- Two BancorpSouth mergers delayed by federal inquiries
- Health officials identify another case of chikungunya virus
- Biloxi council approves $29M contract for baseball stadium construction
- Three indicted, alleged to have embezzled from agency
- Under state probe, All American Check Cashing gets ‘F’ rating from Better Business Bureau