News & Analysis as of

Gulf Oil Spill Settlement

Butler Snow LLP

BP Reaches Agreement with Gulf States to Pay Historic $18.5 Billion Settlement over Deepwater Horizon

Butler Snow LLP on

On July 2, 2015, BP reached an agreement in principle with five Gulf States to settle claims against the company arising from the Deepwater Horizon oil spill in 2010. This marks the largest environmental settlement in...more

Allen Matkins

California Environmental Law & Policy Update - July 2015

Allen Matkins on

Environmental and Policy Focus - BP pays record $18.7 billion to settle claims in Gulf oil spill Bloomberg - Jul 2: BP Plc reached a record $18.7 billion agreement to settle all federal and state claims from the 2010...more

Gray Reed

Deepwater Horizon Settlement Fine-Tuned By Fifth Circuit

Gray Reed on

The Fifth Circuit has taken steps to fine-tune the interpretation and implementation of the agreement BP negotiated to settle its massive liabilities arising from the April 2010 oil spill following the explosion of the...more

Hinshaw & Culbertson LLP

5 Tips For Crafting An Airtight Settlement

David McMahon was quoted in an Aug. 8, 2013, in a Law360 article, 5 Tips For Crafting An Airtight Settlement, (subscription required) about the petroleum company BP's court fight over settlement payments connected to the...more

Carlton Fields

BP Settlement Claim

Carlton Fields on

After years of litigation, BP Exploration & Production, Inc. and BP America Production Company (collectively, "BP") entered a class-wide settlement ("BP Settlement") that covers most businesses located in the Gulf Coast...more

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