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By Matthew Walsh |
May 17, 2012
On April 20, 2010, the Deepwater Horizon disaster claimed the lives of 11 people and led to a devastating environmental catastrophe in the Gulf of Mexico. After an extensive 3-year investigation following the largest environmental disaster in U.S. history, one would have expected the first criminal charges to relate to...
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By Alanna Byrne |
May 3, 2012
BP has won preliminary court approval for a proposed $7.8 billion settlement with victims of the 2010 Deepwater Horizon oil spill.
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By Julie Beck |
April 26, 2012
In March, BP announced its $7.8 billion settlement with victims of the Deepwater Horizon oil spill in the Gulf of Mexico, but it has yet to be approved.
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By Alanna Byrne |
April 16, 2012
Last month, it appeared that one chapter in the BP oil spill saga was ending, when the petroleum giant agreed to a $7.8 billion settlement with businesses and individuals affected by the 2010 spill. Last Friday, however, the Attorney General for the state of Florida asked a federal court to...
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By Jaime Guerrero |
April 11, 2012
Multinational companies and their executives operating in Brazil have increased cause to tread carefully with respect to anti-corruption compliance.
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By Alanna Byrne |
March 5, 2012
Nearly two years after an offshore explosion leaked nearly 5 billion barrels of oil into the Gulf of Mexico, British Petroleum (BP) has reached a $7.8 billion settlement with businesses and individuals who sued over the spill.
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By Julie Beck |
January 19, 2012
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...
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By Danielle Feinstein, Shirley Li |
November 2, 2011
InsideCounsel updates some of the biggest stories that we've covered in recent weeks.
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By Shirley Li |
October 17, 2011
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.
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By Ashley Post |
October 13, 2011
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.
