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Court rejects BP bid to require proof of Gulf oil spill losses

Thu, 2013-12-26 06:07
BP Plc has failed to persuade a federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster. U.S. District Judge Carl Barbier in New Orleans said the British oil company would have to live with its earlier interpretation of a settlement agreement over the spill, in which certain ...

RPT-Court rejects BP bid to require proof of Gulf oil spill losses

Thu, 2013-12-26 06:06
BP Plc (LSE: BP.L - news) has failed to persuade a federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster. U.S. District Judge Carl Barbier in New Orleans said the British oil company would have to live with its earlier interpretation of a settlement agreement over the spill, in ...

Deepwater Horizon Disaster: US Judge Rejects BP Demand for Proof of Oil Spill Losses

Thu, 2013-12-26 02:25
Judge in New Orleans rejects BP's contention that losses were being inflated to claim compensation.

Deepwater Horizon Disaster: US Judge Rejects BP Demand for Proof of Oil Spill Losses

Thu, 2013-12-26 01:44
BP failed to convince a US federal judge that businesses seeking compensation over the 2010 Gulf of Mexico oil spill needed to provide proof that traced their economic losses to the disaster. US District Judge Carl Barbier said in New Orleans the British firm would have to make do with the court's earlier interpretation of a settlement deal over the oil spill -- certain businesses could be ...

US judge rejects BP bid for extra proof in oil spill claims

Wed, 2013-12-25 17:16
A US federal judge has rejected a bid from BP to require companies prove their losses are directly linked to the 2010 massive Gulf of Mexico oil spill before getting a payout. But it has been challenging the way Patrick Juneau, a court-appointed administrator of claims, calculates companies' compensation for lost profits. In the appeal, BP argued that some companies asking for payouts should ...

US court rejects BP bid to require proof of Gulf oil spill losses

Wed, 2013-12-25 17:09
NEW ORLEANS: BP Plc has failed to persuade a U.S. federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster.
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