Deepwater Horizon (2010 Gulf of Mexico Oil Spill Settlement) (US)

Per RT.com news article – BP will stop paying some damage claims under the 2010 Gulf of Mexico oil spill settlement, after an appeals court agreed that the oil giant may be covering ‘fictitious’ payments to businesses. On Wednesday, a split 2-1 jury of the 5th US Circuit Court of Appeals in New Orleans said the administrator of the payoff program was approving millions of dollars of payment based on what BP called a flawed interpretation of the settlement deal reached last year. It ordered US District Judge Carl Barbier, who in March had approved administrator Patrick Juneau’s damage evaluation methods, to reconsider his decision and make sure that the claims covered are legitimate. The judge was also told to bar payment of certain claims until the review is over. The appeals judges however upheld another Barvier ruling, which in April dismissed BP’s lawsuit against Juneau.

Here and Here are the 5th Circuit Court of Appeals Opinions (rulings) issued 2nd October (Wednesday).

Here is the company’s press release on the Fifth Circuit Court of Appeals rulings.

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