Posts Tagged ‘Carl Barbier’

Treasury Department sets rules for BP oil spill money

GULF OF MEXICO — The U.S. Treasury has set out 97 pages of rules for investing and allocating money that BP PLC and other defendants will pay in Clean Water Act fines for the Gulf of Mexico oil spill of 2010. The rules released yesterday formally set up a trust fund for money that state […] [...]

Judge: Owners of Macondo well cannot avoid oil spill fines

NEW ORLEANS — The owners of the blown-out Macondo well cannot avoid federal fines for the 2010 oil spill by blaming another company’s failed equipment, a federal appeals court ruled yesterday. The oil came from a well owned by BP and Anadarko Petroleum Corp., so they are liable, the 5th U.S. Circuit Court of Appeals […] [...]

BP appeals judge’s ruling over spill claims

NEW ORLEANS — BP is appealing a judge’s rejection of its argument that claimants who can’t trace their losses directly to the company’s 2010 Gulf oil spill shouldn’t receive payments through a multibillion-dollar settlement with a team of private plaintiffs’ lawyers. BP attorneys filed a notice of appeal yesterday, two days after the ruling by […] [...]

Judge to hear objections to BP oil spill settlement

NEW ORLEANS — A year ago, lawyers for BP and Gulf Coast residents and businesses took turns urging a federal judge to approve their settlement for compensating victims of the company’s massive 2010 oil spill. Today, however, the one-time allies will be at odds when an appeals court hears objections to the multibillion-dollar deal. That’s […] [...]

Second phase of BP oil spill trial comes to an end

NEW ORLEANS — Two weeks of courtroom debate over how much oil spewed into the Gulf of Mexico after BP PLC’s 2010 rig disaster has concluded, marking the end of the second phase of a trial over the Deepwater Horizon explosion that killed 11 workers. Government experts estimate 176 million gallons spilled into the Gulf. […] [...]

Oil spill trial begins look into how much oil leaked into Gulf

NEW ORLEANS — The focus of a trial over BP’s 2010 oil spill in the Gulf of Mexico has shifted to the multibillion-dollar question of how much crude gushed from BP’s blown-out well. Lawyers for BP and the federal government began Monday presenting U.S. District Judge Carl Barbier with conflicting scientific theories to explain their […] [...]

Judge suspends some oil spill settlement payments

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 […] [...]

Lawyers: BP lied and withheld information about oil spill

NEW ORLEANS — BP lied to the U.S. government and withheld information about the amount of oil spilling into the Gulf of Mexico after its well blew out in 2010, attorneys told a judge today. But lawyers for the London-based oil giant denied those accusations and said there was no way to prepare for such […] [...]

BP asks judge again to suspend oil spill settlement payments

NEW ORLEANS — BP yesterday renewed its request for a federal judge to temporarily suspend settlement payments to Gulf Coast residents and businesses following its massive 2010 oil spill, citing a scathing report on alleged misconduct within the court-supervised program. In a court filing, BP attorneys said the report issued earlier this month by former […] [...]

BP wants wants cut in oil spill settlement budget

NEW ORLEANS — BP has urged a federal judge to reject a $111-million budget request by the court-supervised administrator of the company’s multibillion-dollar settlement with Gulf Coast businesses and residents following its 2010 Gulf oil spill. In a court filing yesterday, BP attorneys said claims administrator Patrick Juneau refused to cut his office’s fourth-quarter budget […] [...]

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