• Regulatory: Brazil’s changing regulatory winds

    Multinational companies and their executives operating in Brazil have increased cause to tread carefully with respect to anti-corruption compliance.

  • BP may pay up to $25 billion in oil spill settlement

    The rumor mill is a-churnin’, and the story it has spun for us today is that BP will likely agree to a $20 billion to $25 billion settlement with the Department of Justice (DOJ) over civil and criminal charges that resulted from the Deepwater Horizon oil spill in the Gulf...

  • Transocean lobs legal bomb at BP

    When not drilling for oil, Transocean Ltd. also is effective at boring into its legal adversaries. The Swiss drilling rig owner yesterday filed a motion for summary judgment in the U.S. District Court for the Eastern District of Louisiana looking to put the screws to BP Plc, forcing the petroleum...

  • Reviewing 5 top stories in October

    InsideCounsel updates some of the biggest stories that we've covered in recent weeks.

  • BP, Anadarko end Gulf oil spill dispute

    Two companies involved in last year’s Gulf oil spill announced Monday they will settle claims over the disaster. Anadarko Petroleum Corp. will pay BP $4 billion, a higher-than-expected figure, analysts said.

  • Fines on horizon for BP, Transocean and Halliburton

    Yesterday U.S. offshore-drilling regulators issued citations against BP and two of its contractors—Transocean Ltd. and Halliburton Co.—for violating drilling regulations that led to last year’s Deepwater Horizon oil spill. The citations likely will lead to hefty fines for the companies.

  • Judge approves dismissal of some derivative suits against BP

    Yesterday, a U.S. District Judge in Houston approved the dismissal of some derivative lawsuits filed against BP in the U.S. According to the ruling, the suits should be filed in the U.K., where the company is headquartered.

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