US Supreme Court refuses halt to BP spill payments
Washington: The US Supreme Court on Monday rejected BP's emergency petition to halt oil spill payments while the court considers whether to take up a broader dispute over BP's allegation that some economic loss claims were fabricated.
The London-based oil company had asked Supreme Court Justice Antonin Scalia, who has jurisdiction over certain petitions coming from the 5th US Circuit Appeals Court in New Orleans, to reverse that court's order resuming payments to thousands of Gulf Coast businesses.
A district court blocked the payments in an injunction last December.
The businesses are parties to a class action settlement in which BP agreed to pay what it has estimated will be $US9.2 billion ($9.84 billion) to residents alleging they sustained financial damage in the wake of the 2010 Gulf of Mexico oil spill.
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I feel no pity for BP.
BP is getting exactly what their lawyers negotiated for in the courts. And they are finally being held to account for their actions.
I remember that you posted an article on that part of it Larry.
I wonder if BP is looking for a new law firm..LOL
I would imagine that they are looking for at least a new legal firm and a few other key people.
BP should have been tried for murder via criminal negligence.
I couldn't agree more AMac. The entire Deepwater Horizon issue was a cluster fuck from day one. And the government was the worst offender next to BP.
Nor do I. They need to pay up and shut up.
They did NOT have to pay for the dolphins, birds, and other sea life they killed.
Yep, they should.
BP has never stopped trying to wiggle out of paying any and all fines and judgements against it. They didn't then and don't to this day give a rats ass about who they killed or what they destroyed in their efforts to line their own pockets.
"BP agreed to pay", means they negotiated that settlement. In other words, it was less than they thought they would end up paying and they were cool with it. The families of those killed in the explosion should be controlling this company, IMO. No tears for a negligent corporation, no sympathy for bastards trying to get out of an agreement. If fraud is being committed, prosecute on a case by case basis. That is no reason to change the terms of any agreement. They must prove fraud or STFU and continue to pay up.
And YES A Mac, they should face those charges. When corporations and the individuals who run them don't face the charges for their actions, it sends a wrong message to the world. In a country founded on the rule of law personal and corporate responsibility is paramount.
I agree completely. No oil company does. And YES, it could happen again, and will.
Sigh...
I think they should pay the feds for every dolphin, porpoise, whale, etc. that was killed. BILLIONS of dollars. They make enough.
Use the money to park a cleanup tanker out there in the Gulf to mitigate the effects of a catastrophic spill.