Fifth Circuit Sides With BP on 'Windfall' Oil Spill Claims

, The National Law Journal

   |1 Comments

A divided federal appeals court panel has ruled that BP PLC should have been allowed to temporarily block payment of claims from the $9.6 billion Deepwater Horizon settlement while challenging the methods by which those payments were being calculated.

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What's being said

  • Judge Dennis's argument seems to be that since BP supposedly entered willingly into an agreement that allowed backwoods shysters to defraud it hand over fist, the courts are now obligated to uphold the fraud. Please consider retirement, Judge Dennis. You've plainly been around too long.

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