Wednesday 16 April 2014

Court upholds oil spill settlement

BP's arguments over a 2010 oil spill in the Gulf of Mexico were rejected

A US appeals court has upheld a judge's approval of a multi-billion-dollar settlement between BP and lawyers for Gulf Coast businesses and residents who claim the company's 2010 Gulf of Mexico oil spill cost them money.

The 5th US Circuit Court of Appeals in New Orleans ruled yesterday that US District Judge Carl Barbier did not err by failing to determine whether the class of eligible claimants included individuals who have not actually suffered any injury.

A divided three-judge panel of the court said in its 48-page ruling that it could not agree with arguments raised by BP and other parties and confirmed Mr Barbier's initial ruling in 2012.

One of the three appellate judges, Emilio Garza, disagreed in a 14-page dissent.


Press Association

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