BP PLC has petitioned the full U.S. Court of Appeals for the Fifth Circuit to review a three-judge panel’s decision to uphold the Deepwater Horizon oil spill settlement.
In a filing on Monday, BP asked the en banc court to review a lower court ruling that submitting proof of causation—in other words, that damages were caused directly by the 2010 disaster—wasn’t required under the terms of the settlement, which BP has now pegged to be worth about $9.2 billion. A divided Fifth Circuit panel of three judges upheld that order on March 3.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
