Posts Tagged ‘oil spill’

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 […] [...]

Court reverses decision on BP getting oil spill insurance money

NEW ORLEANS — A federal appeals court has withdrawn its earlier ruling that BP is entitled to a portion of $750 million in coverage under a contractor’s insurance policies to help the London-based oil giant pay for costs associated with its massive 2010 oil spill in the Gulf of Mexico. A three-judge panel of the […] [...]

Judge refuses to suspend oil spill settlement payments

NEW ORLEANS — A federal judge has rejected BP’s latest request to suspend settlement payments to Gulf Coast residents and businesses while former FBI Director Louis Freeh leads an independent investigation of the program, which compensates victims of the company’s 2010 oil spill. U.S. District Judge Carl Barbier’s order today says an internal probe by […] [...]

Judge sets deadline for oil spill claims administrator to respond to BP allegations

NEW ORLEANS — A federal judge has set an Aug. 26 deadline for court-supervised claims administrator Patrick Juneau to respond to BP’s allegations that it has uncovered new allegations of fraud and conflicts of interest inside a settlement program that has awarded billions of dollars to Gulf Coast businesses and residents. In an order yesterday, […] [...]

Judge rules BP must pay oil spill settlement administrator

NEW ORLEANS — A federal magistrate has ordered BP to pay more than $130 million in fees to the court-supervised administrator of its multibillion-dollar settlement with Gulf Coast businesses and residents after the company’s 2010 oil spill. U.S. Magistrate Sally Shushan ruled that BP is obligated to fund the settlement program’s third-quarter budget even though […] [...]

BP claims it’s found more fraud in oil spill settlement program

NEW ORLEANS — BP says it has uncovered new allegations of fraud and conflicts of interest inside the settlement program that has awarded billions of dollars to Gulf Coast businesses and residents following the company’s 2010 oil spill in the Gulf of Mexico. In a federal court filing today, BP renewed its request for a […] [...]

Judge declines to shut down BP oil spill payments

NEW ORLEANS — A federal judge refused Friday to temporarily shut down a multibillion-dollar settlement program for compensating victims of BP’s 2010 Gulf oil spill, saying he has seen no evidence of widespread fraud among the tens of thousands of claims. The judge also said he was offended by what he saw as attempts to […] [...]

Attorneys ask judge to allow oil spill payments to continue

NEW ORLEANS — A team of plaintiffs’ lawyers urged a federal judge on Thursday to reject BP’s bid to suspend all settlement payments to Gulf Coast businesses and residents who claim they lost money after the company’s 2010 oil spill. In a court filing, attorneys who brokered a multibillion-dollar settlement with BP PLC say the […] [...]

Researchers: Oil sheen coming from Deepwater Horizon wreckage

GULF OF MEXICO — A team of researchers has concluded that pockets of oil trapped in the wreckage of the sunken Deepwater Horizon are the likely source of oil sheens that have been spotted in the Gulf of Mexico near the site of the deadly 2010 explosion on the BP-leased drilling rig. A newly published […] [...]

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