BP spill settlement promises fast payouts

BP spill settlement promises fast payouts Published: Sunday, March 04, 2012, 3:11 PM Updated: Monday, March 05, 2012, 6:19 AM By Rebecca Mowbray, The Times-Picayune After reaching a deal Friday night to settle health and economic damage claims by individuals and businesses who were harmed by the Gulf of Mexico oil spill, BP and plaintiff attorneys leading the litigation say [...]

Gulf oil spill settlement reached; BP expected to pay out $7.8 billion

Published: Friday, March 02, 2012, 11:00 PM Updated: Saturday, March 03, 2012, 12:12 AM By David Hammer, The Times-Picayune BP and the private plaintiffs in the massive Gulf oil spill litigation have reached a settlement that BP estimates will cost $7.8 billion. But that is an uncapped amount, an the court still must supervise the payment of damages. U.S. District [...]

Gulf oil spill trial postponed; complex issues involved

By Rick Jervis, USA TODAY NEW ORLEANS (USA TODAY) — The stories soon to unfold in a federal courtroom here are just the beginning of one of the biggest environmental cases in U.S. history: the deadly 2010 Gulf of Mexico oil disaster and its multibillion-dollar impact on the Gulf Coast and its people. With record-breaking penalties and the ecological and [...]

BP faces billions in fines as spill trial nears

By CAIN BURDEAU, Associated Press – 1 day ago NEW ORLEANS (AP) — On the cusp of trial over the catastrophic 2010 oil spill in the Gulf of Mexico, phalanxes of lawyers, executives and public officials have spent the waning days in settlement talks. Holed up in small groups inside law offices, war rooms and hotel suites in New Orleans [...]

Drilling Opponents Say Miss. Should Slow Down

By: | Associated Press Published: February 15, 2012 Updated: February 15, 2012 - 10:26 AM » 0 Comments | Post a Comment GULFPORT, Miss. (AP) The Sierra Club and other members of the 12 Miles South Coalition say Mississippi is rushing toward drilling in state waters without addressing concerns about tourism, the environment or economics. The group tells The Sun [...]
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