BP Settlement Approved
You have probably read or heard about some of the stories, ads, court filings, or other reports on the landmark BP Settlement that was reached in April of 2012 with court-appointed attorneys.
Beginning shortly after the settlement was formally approved in December of 2012, BP did something that no other company has done in American legal history: The British company launched a very public attack on its own settlement and even went so far as to ask the Supreme Court to reverse a Court of Appeal decision in which BP was technically the “winner” – securing a broad, class-wide, multi-state release.
This website attempts to shed light on some of the questions regarding the original 2010 tragedy, the events leading up to the 2012 settlement agreement, what BP actually agreed to, why BP changed its mind, the implications for Louisiana and other Gulf Coast businesses going forward, and other aspects of the multi-district litigation arising out of the Macondo disaster.
Other BP Oil Spill News
New Orleans, LA Oil Spill Settlement Lawyers The Economic & Property Damages Class Settlement was approved by the District Court on December 21, 2012 and affirmed by the U.S. Fifth Circuit Court of Appeals on [...]
New Orleans, LA BP Settlement Program Policy In interpreting and applying the BP Economic & Property Damages Class Settlement, the Claims Administrator has issued a number of Policies to guide the Program Vendors, and Claimants, [...]
New Orleans, LA Oil Spill Litigation Lawyers On May 13, 2010, Transocean, the owner of the Deepwater Horizon, filed a Complaint and Petition for Exoneration from or Limitation of Liability in the United States District [...]
