BCA News Headlines
|April 11, 2012, 9:31 am|
Helen Nguyen's personal picture of the 2010 Deepwater Horizon disaster is not filled with leaping flames or miles of spilled oil.
|March 14, 2012, 10:22 am|
Originally posted by Emily Pickrell - Houston Chroncle - March 13, 2012
BP's estimate that it will pay $7.8 billion to settle thousands of Gulf oil spill claims has reassured investors even as lawyers for plaintiffs emphasize that the figure may be low.
|March 6, 2012, 11:11 am|
Originally posted by Bloomberg - March 5, 2012
BP Plc said it had reached a $7.8-billion settlement with businesses and individuals over the 2010 Deepwater Horizon oil rig disaster, removing one of three major litigation fronts facing the company over the biggest offshore spill in US history.
BP said yesterday in a statement that the settlement will be paid out of a $20 billion trust set up to compensate spill victims. Lawyers for the plaintiffs said in a separate statement that settlement will resolve most private claims for economic loss, property damage and medical injuries. Plaintiffs lawyers said there wasn’t a cap on the total damages BP has to pay.
|March 2, 2012, 8:51 am|
Originally posted by Megan Cronin Fisk and Jef Feeley - Bloomberg - March 1, 2012
BP Plc (BP/), Transocean Ltd. and Halliburton Co. (HAL), with billions of dollars on the line, are set to find out from a federal judge who among them is to blame for the April 20, 2010, explosion and sinking of the Deepwater Horizon oil rig in the Gulf of Mexico.
|February 28, 2012, 3:17 pm|
NEW ORLEANS, Feb 28 (Reuters) - BP Plc is seeking to settle a lawsuit over the massive 2010 Gulf of Mexico oil spill by tapping into a $14 billion fund it set aside to compensate fishermen and businesses harmed by the disaster, lawyers familiar with the talks said.
In exchange, the claimants, represented by a group called the Plaintiffs' Steering Committee, would drop their lawsuit in a court case scheduled to start in New Orleans on March 5.
|February 28, 2012, 8:39 am|
Feb. 27 (Bloomberg) -- BP Plc and lawyers for businesses and individuals suing over the 2010 Gulf of Mexico oil spill are near a $14 billion accord to be funded with money set aside for out-of-court settlements, according to three people familiar with the talks.
|October 5, 2011, 9:12 am|
Originally posted by Dahr Jamail - Al Jazeera - October 3, 2011
"If you got caught humping another woman - [if] you're both naked and caught in the act - you'd want BP to explain to your wife how it didn't happen."
|September 16, 2011, 9:40 am|
Findings of the second major investigation by the U.S. government into the 2010 Gulf of Mexico oil spill, may press BP into putting over $30 billion on the table to quickly settle its outstanding legal headaches.
|May 19, 2011, 8:40 am|
Beaumont attorney Brent Coon has spent the last several months filing claims on behalf of the 5,000 Deepwater Horizon plaintiffs his firm represents.
|April 20, 2011, 10:09 am|
Last fall, Iris Cross beamed into millions of homes, the friendly BP worker hailing from New Orleans who assured TV viewers that the oil giant won’t stop cleaning up the worst oil spill in U.S. history “until we make this right.”
She became the very public face of BP, a soothing contrast to former CEO Tony Heyward, whose PR gaffes cemented public opinion against the oil company.
This is not the first time Cross sought to soothe public anger from a BP disaster. One of her efforts in 2006 so angered a judge that BP was accused of jury tampering and threatened with fines and contempt charges.
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