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Published in BP Oil Spill
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BP has renewed its request for a federal appeals court to permanently block settlement payments to businesses that can't trace their losses directly to the company's 2010 oil spill in the Gulf of Mexico.
In a court filing Monday, BP attorneys argued that a Dec. 24 ruling by U.S. District Judge Carl Barbier will impose more "vast and unjustified costs" on the company unless a three-judge panel of the 5th U.S. Circuit Court of Appeals overrules him.
Barbier said in last week's order that BP's settlement was designed to avoid the delays that would result from a "claim-by claim analysis" of whether each claim can be traced to the spill.
Earlier this month, the 5th Circuit panel ruled that Barbier erred when he initially refused to consider BP's "causation" arguments.

Published in BP Oil Spill

NEW ORLEANS (AP) - BP has renewed its request for a federal appeals court to permanently block settlement payments to businesses that can't trace their losses directly to the company's 2010 oil spill in the Gulf of Mexico.

In a court filing Monday, BP attorneys argued that a Dec. 24 ruling by U.S. District Judge Carl Barbier will impose more "vast and unjustified costs" on the company unless a three-judge panel of the 5th U.S. Circuit Court of Appeals overrules him.

Barbier said in last week's order that BP's settlement was designed to avoid the delays that would result from a "claim-by claim analysis" of whether each claim can be traced to the spill.

Earlier this month, the 5th Circuit panel ruled that Barbier erred when he initially refused to consider BP's "causation" arguments.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Published in BP Oil Spill

NEW ORLEANS (AP) - BP has renewed its request for a federal appeals court to permanently block settlement payments to businesses that can't trace their losses directly to the company's 2010 oil spill in the Gulf of Mexico.

In a court filing Monday, BP attorneys argued that a Dec. 24 ruling by U.S. District Judge Carl Barbier will impose more "vast and unjustified costs" on the company unless a three-judge panel of the 5th U.S. Circuit Court of Appeals overrules him.

Barbier said in last week's order that BP's settlement was designed to avoid the delays that would result from a "claim-by claim analysis" of whether each claim can be traced to the spill.

Earlier this month, the 5th Circuit panel ruled that Barbier erred when he initially refused to consider BP's "causation" arguments.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Published in BP Oil Spill

Editor’s Note: Below is an Order issued by United States District Court Judge Carl Barbier of the Eastern District of Louisiana. In the following paragraphs, Judge Barbier explains his denial of BP’s motion to reconsider the methods for determining whether a business can qualify for compensation under the Deepwater Horizon Court Supervised Settlement Program (CSSP).

BP has attempted to rewrite the terms of its settlement by calling for additional proof that a claimant’s loss was the result of the oil spill.

Published in BP Oil Spill

BP (LSE: BP.L - news) could face tens of millions of dollars of new claims from British shareholders who lost money after the Gulf of Mexico oil spill, following a decision by a court in Texas.

BP could face tens of millions of dollars of new claims from British shareholders who lost money after the Gulf of Mexico oil spill, following a decision by a court in Texas.

The company, which is fighting a slew of different legal battles relating to the April 2010 disaster, suffered the setback in its multimillion dollar court battle with six institutional investors, who claim the oil giant did not come clean about the scale of the disaster.

Published in BP Oil Spill

House GOP leaders came to the defense of school-choice advocates Tuesday, calling on the Justice Department to reconsider its legal opposition to a popular school voucher program in Louisiana that gives some students from low-income families the chance to escape failing education systems.

Louisiana Gov. Bobby Jindal and former Florida Gov. Jeb Bush also planned to raise the stakes in the ongoing battle by traveling Wednesday to Washington for a news conference on what the two Republicans call the Obama administration’s attempt to “deny children in Louisiana an equal opportunity to get a great education.

Published in Louisiana Local News