News & Analysis as of

Deepwater Horizon Oil & Gas Insurance Industry

K&L Gates LLP

Insurance Coverage for Joint Ventures: Texas Supreme Court Rules in Favor of Anadarko in Insurance Coverage Dispute Over Deepwater...

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It has been almost 10 years since an explosion onboard the Deepwater Horizon drilling rig rocked the offshore energy industry. In that time, most of the major (and minor) players involved in the disaster have been forced to...more

Beveridge & Diamond PC

Texas Supreme Court Holds Energy Company Can Recover Substantial Defense Costs Under Insurance Policy Covering Deepwater Horizon...

On January 25, 2019, the Texas Supreme Court ruled that a provision in an insurance policy did not limit coverage for Anadarko’s defense expenses related to the Deepwater Horizon oil spill where the provision only capped...more

Steptoe & Johnson PLLC

First Look - Winter Issue 2018

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This past year, the Insurance Company Team recently welcomed six new team members from The Woodlands, Texas office of Steptoe & Johnson PLLC. The combined experience of the new members brings decades of Texas focused...more

Manatt, Phelps & Phillips, LLP

Insurance Recovery Law - February 2015 #2

Separate Contract Serves to Limit Insurance Coverage for Deepwater Horizon Spill, Texas Supreme Court Rules - Why it matters: The Texas Supreme Court rejected BP’s $750 million claim for coverage under Transocean...more

BakerHostetler

The Supreme Court of Texas Marries Contractual Limitations to Insurance Policies

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In a case that has been closely watched by the oil and gas industry and its insurers, the Supreme Court of Texas issued its opinion in In re Deepwater Horizon on February 13, 2015, and settled the debate concerning whether a...more

Gray Reed

Hold On To Your Insurance … Federal Court Certifies Deepwater Horizon Questions To Texas Supreme Court

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BP’s woes from the Deepwater Horizon disaster in the Gulf continue. The federal Fifth Circuit in In re: Deepwater Horizon, withdrew an opinion of a three-judge panel and certified questions for consideration by the Supreme...more

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