Reuters | Mar 11, 2012, 08.58PM IST VENICE (LOUISIANA): The phone at Joan Strohmeyer's fishing lodge has been ringing steadily since 2010, but not many of the calls are from customers who want to go fishing. Mainly, they are from lawyers who want her to sue British oil company BP Plc. The tidy, 62-room Lighthouse Lodge is perched near the [...]
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 [...]
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 [...]
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 [...]
By SABRINA CANFIELD NEW ORLEANS (CN) - With billions of dollars at stake, the trial over the worst environmental disaster in U.S. history was pushed back a week as settlement talks between BP and oil spill plaintiffs' attorneys continued. The trial had been set to open today, Monday, but was rescheduled to begin in a week, on Monday, March 5. [...]
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 [...]
