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BP calls for oil spill compensation chief to be sacked

Monday, 01 September 2014 17:09
“This calls into question Mr Juneau’s ability to carry out his duties and creates an unacceptable appearance of bias.” BP’s attack against the claims administrator is the latest twist in a long-running row over the way payouts are being awarded for the 2010 spill, which killed 11 men and caused billions of dollars’ worth of damage to businesses along the American coastline.
BP calls tries to get oil spill compensation chief sacked
Monday, 01 September 2014 13:38
“This calls into question Mr Juneau’s ability to carry out his duties and creates an unacceptable appearance of bias.” BP’s attack against the claims administrator is the latest twist in a long-running row over the way payouts are being awarded for the 2010 spill, which killed 11 men and caused billions of dollars’ worth of damage to businesses along the American coastline.
BP seeks to oust head of Gulf oil spill claims program
Monday, 01 September 2014 12:33
BP PLC has asked a federal judge to remove Patrick Juneau as administrator of damage claims from its 2010 oil spill, saying he failed to disclose a major conflict of interest. Tuesday's motion says Juneau represented Louisiana in talks setting up the claims process and pushed for favorable terms for those with claims. BP says that means he's not the neutral person required for the job.
Halliburton to Pay $1 Billion for BP Oil Spill
Monday, 01 September 2014 09:47
Halliburton will pay $1.1 billion for its part in the 2010 oil spill in the Gulf of Mexico. The Houston-based contracting company has been embroiled in multiple lawsuits, from BP and local residents, for its role in the largest oil spill in U.S. history. The spill occurred in April, 2010 when a blowout at BP's Macondo oil well caused an explosion at Transocean's Deepwater Horizon rig just miles off the Louisiana coast.
Halliburton pays $1.1bn to settle Gulf of Mexico suits
Monday, 01 September 2014 08:13
The American contractor that worked for BP (LSE: BP.L - news) on the Deepwater Horizon oil rig has closed its case for $1.1bn - a fraction of BP's fine Halliburton, the American contractor that worked on BP’s Deepwater Horizon oil rig, has agreed to pay $1.1bn to settle most of the lawsuits over its role in the Gulf of Mexico spill.
Halliburton agrees to Gulf spill deal
Monday, 01 September 2014 05:43
Claimants covered by the settlement are principally commercial fishermen and charter boat operators, and owners whose property was physically touched by the oil, as well as other businesses and individuals whose incomes and livelihoods were affected in the two years after the spill. Joe Rice, who was the plaintiffs' lead negotiator in the settlements with Halliburton and BP, said: "There are still many issues yet to be resolved related to responsibility for this tragic event…
Halliburton reaches $1B Gulf oil spill settlement
Monday, 01 September 2014 05:39
NEW YORK (AP) — Halliburton agreed to pay $1.1 billion to settle what it calls "a substantial portion" of plaintiff claims arising from the 2010 BP oil spill in the Gulf of Mexico. The settlement, if approved by a federal court, would allow businesses and property owners who were hurt by the oil spill to collect punitive damages from Halliburton through a fund to be administered by a court-appointed representative.
Halliburton’s to Pay $1.1 Billion for Oil Spill Lawsuits
Monday, 01 September 2014 04:38
Halliburton Co. (HAL)’s agreement to pay$1.1 billion to settle most of the lawsuits over its role in thebiggest U.S. offshore oil spill helps it avoid billions more inpotential penalties down the road. The oilfield services company, accused of doing defectivework on BP Plc (BP/)’s Macondo well before it exploded in 2010,killing 11 men and dumping millions of barrels of crude oil intothe Gulf of Mexico, said today the agreement resolves “asubstantial majority” of its liability…
Plaintiffs' Steering Committee In BP/Deepwater Horizon Oil Spill Litigation Announces Settlement With Halliburton
Monday, 01 September 2014 04:09
NEW ORLEANS, La., Sept. 2, 2014 /PRNewswire/ -- The Plaintiffs' Steering Committee (PSC) spearheading the litigation emanating from the 2010 Deepwater Horizon Oil Spill today announced that it has reached an approximately $1.1 billion settlement with Halliburton Energy Services, Inc. (HESI) stemming from its role in the incident. The settlement, which will be overseen by Judge Carl A. Barbier of the Eastern District of Louisiana, includes two classes of eligible claimants.
Halliburton to settle U.S. Gulf spill claims for $1.1 billion
Monday, 01 September 2014 03:57
(Reuters) - Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010. The settlement, which includes legal fees, is subject to approval by the U.S. District Court for the Eastern District of Louisiana.
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