Monday, May 26, 2014

BP to appeal oil spill ruling to Supreme Court

[JURIST] British Petroleum (BP) [corporate website] announced [press release] Wednesday that it will appeal a recent US Court of Appeals for the Fifth Circuit decision to the US Supreme Court [official websites]. The March decision [JURIST report] by the Fifth Circuit rejected BP's claim that payments to alleged oil spill victims claiming economic losses should be excluded because the damages were not traceable to the spill. The extensive regional economic fallout [JURIST backgrounder] along the Gulf of Mexico states has...

Source: http://jurist.org/paperchase/2014/05/bp-to-appeal-oil-spill-ruling-to-supreme-court.php

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