• Escort Agency Cashes In on Deepwater Horizon Claims

    BP has complained for months it has been forced to pay hundreds of millions of dollars to businesses that filed damage claims after the 2010 Deepwater Horizon oil spill disaster – even though they weren’t really affected. Now the court-appointed lawyer supervising those payments has confirmed he approved a $173,000 payout to an “adult escort service,” that BP says was filed on with unsigned and undated tax returns. A new BP ad appeared in several national newspapers on Thursday proclaiming: “The IRS wouldn’t accept this claim. But the Gulf Settlement Program did.”

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  • EPA’s Heavy-Handed Treatment of BP Goes Too Far

    There’s no doubt that BP should be held responsible for the 2010 Gulf oil spill. Yet despite BP pleading guilty and receiving a $4.5 billion fine and despite reorganizing its business structure and leadership, in November 2012, EPA declared that because of a Clean Water Act violation atone facility—the Deepwater Horizon oil platform—every branch of the company was barred from getting new federal government contracts and prevented from working with any company doing federal government work, even if it was in an unrelated industry. Divisions with little connection to the oil spill, like the ones that produce jet and marine fuels, motor oil, and asphalt fall under EPA’s heavy-handed decision. What motor oil and asphalt have to do with the Deepwater Horizon is beyond me.

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  • U.S. Should Heed Warnings on BP

    UK concerns over American ban on oil major are justified Three and a half years after the Deepwater Horizon disaster in the Gulf of Mexico, the legal and financial implications continue to haunt BP. The company has set aside $42.5bn for costs and claims relating to the spill. But while BP believes it has already paid a stiff price, the challenges do not stop. In the aftermath of the 2010 disaster, President Barack Obama took a tough stance towards the company, saying he would “make BP pay”. His rhetoric clearly left a mark. Last year, the US government’s Environmental Protection Agency banned BP from bidding for new government contracts, citing its “lack of business integrity”. Among other things, the move stops BP from gaining new oil and gas leases in the US and from supplying fuel to the Pentagon.

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  • BP Wins US Court Reprieve in Gulf of Mexico Spill Payouts

    BP won a big victory in its battle to limit the cost of compensation for its 2010 oil spill in the Gulf of Mexico after an appeals court called for an injunction to suspend payments to businesses that had not suffered losses as a result of the disaster. BP has argued that the compensation settlement over the spill that it agreed last year is being misinterpreted to allow businesses that have not suffered any harm to claim for apparent losses.

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  • BP Wins Appeals Court Order Stopping Some Spill Payments

    BP Plc won an appeals court order stopping some payments under a $9.2 billion settlement tied to the 2010 Gulf of Mexico oil spill. BP last month asked for an injunction halting payments to claimants whose injuries weren’t traceable to the spill, contending the New Orleans federal judge overseeing the case ignored the appellate court’s Oct. 2 mandate to review claims.

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  • BP Process Remains Tangled With Questions, Departures: James Varney

    It's threads, anecdotal, really, but is all well with the BP matter and the legal morass it has engendered? If the rosters are any indication, perhaps not. That is to say, there appears to be considerable turnover in the Deepwater Horizon spill Claims Administrative Office. Whether that reflects personal career moves or some fear over what may be coming in an expanded investigation of the whole lawsuit/claims swamp is anyone's guess, but it is striking nonetheless.

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  • Ex-Congress Candidate Gets Prison for Spill Fraud

    15 years for ex-Congress, Detroit mayor candidate who got $44,000 from oil-spill fund A man who ran for Congress and Detroit mayor has been sentenced to 15 years in federal prison for illegally cashing in from the 2010 BP oil spill in the Gulf of Mexico. Detroit federal Judge Stephen Murphy III hammered Duane Montgomery on Wednesday, noting a past criminal history and misleading statements during the trial.

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  • BP Tells 5th Circuit to Throw Out Private Oil Spill Settlement if Business Claims Rules Aren't Fixed

    The U.S. 5th Circuit Court of Appeals should throw out a multi-billion-dollar settlement of private claims against BP stemming from the April 2010 Macondo well blowout if a lower court judge refuses to require businesses to prove their losses were caused by the accident and spill, a BP attorney argued Monday.

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  • BP Spill Settlement Objectors Ask Court to Rescind Approval (2)

    Opponents of BP Plc’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill asked a U.S. appeals court to reverse a judge’s approval of the agreement.

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  • A Trial Lawyer Web Entangles the BP Settlement: James Varney

    While no one wants to see BP walk away from the lethal and environmentally calamitous Deepwater Horizon well blowout, it's hard sometimes to see what's unfolded as anything more than another trial lawyer feeding frenzy.

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