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The Deepwater Horizon explosion and oil spill resulted in an onslaught of litigation. Litigation commenced almost immediately after the explosion and oil spill. By May 27, 2010, Transocean, which owned the Deepwater Horizon, said in testimony before the U.S. House Judiciary Committee that it was defendant in 120 lawsuits, of which more than 80 were class actions seeking payment for financial ...
When the BP Deepwater Horizon drilling rig exploded in 2010 and spewed many millions of gallons of oil into the Gulf of Mexico, the disastrous spill damaged the economy, devastated the environment ...
The Deepwater Horizon Oil Spill Trust is the $20 billion trust fund established by BP to settle claims arising from the Deepwater Horizon oil spill.The fund was established to be used for natural resource damages, state and local response costs and individual compensation. [1]
Kenneth Roy Feinberg (born October 23, 1945) is an American attorney specializing in mediation and alternative dispute resolution.He served as the Chief of Staff to Senator Ted Kennedy, Special Master of the U.S. government's September 11th Victim Compensation Fund and the Special Master for TARP Executive Compensation.
Halliburton Resolves Department of Justice Deepwater Horizon Investigation HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYS: HAL) today announced that it has reached an agreement with the U.S ...
BP (NYS: BP) confirmed this morning that it is in "advanced discussions" with the Department of Justice and the Securities and Exchange Commission regarding "proposed resolutions of all US federal ...
In 2012, "We Just Decided To", the pilot of the HBO TV series The Newsroom, featured its characters covering the Deepwater Horizon story. [409] The 2015 film The Runner, directed by Austin Stark and starring Nicolas Cage, is a fictional story of a politician and his family set in the aftermath of the Deepwater Horizon disaster. [410] [411]
The Deepwater Horizon Litigation [ edit ] In 2010, immediately following the explosion and sinking of the Deepwater Horizon, the vessel's owner, Transocean Ltd., selected Gonzalez to serve as its lead counsel for litigation and state regulatory matters in the Florida Panhandle.