BP Settlement Claims

Gulf Coast Disaster News

Guilty: Transocean convicted in Gulf of Mexico oil spill

February 14, 2013, 10:26 am

Originally posted by Harry Weber - Houston Chronicle - February 14, 2013

NEW ORLEANS – The owner of the deep-water rig that exploded and sank in the Gulf of Mexico nearly three years ago after an undersea well blew out is now the second company to be convicted of a crime stemming from the deadly disaster.

Transocean to pay $1.4B fine for Gulf oil spill

January 4, 2013, 9:57 am

Transocean, the drilling company that owned the oil rig implicated in the catastrophic Deepwater Horizon oil spill in the Gulf of Mexico, will plead guilty to violating the Clean Water Act and pay a $1.4 billion fine, the Justice Department said Thursday.

Spill claimants may get second chance

November 26, 2012, 9:33 am

BP and some plaintiffs' lawyers in the litigation over the 2010 Gulf oil spill are asking a federal judge to give claimants who asked to leave a proposed class-action settlement another chance to participate.

Is the BP Criminal Settlement Enough?

November 12, 2012, 12:14 pm

BP and the Department of Justice announced on Thursday that they had reached an agreement on a record fine stemming from criminal charges related to the 2009 Deepwater Horizon disaster.

Judge must decide who can withdraw from spill deal

November 9, 2012, 9:25 am

Thousands of Gulf Coast residents claiming economic or health damages from the 2010 oil spill have told a New Orleans federal judge they don’t want to participate in a class action settlement, and now he has to decide which ones he’ll allow to opt out.

BP Oil Spill – Time to Settle?

November 2, 2012, 9:06 am

BEAUMONT, Texas - It's decision time for many whose livelihoods were affected by the 2010 Deepwater Horizon blowout in the Gulf of Mexico. Private claims of economic hardship against oil giant British Petroleum (BP) will become part of a class-action settlement process, with participants likely forfeiting the right to sue later on their own unless they formally opt out of the deal this week.

Beaumont attorney Brent Coon represents about 14,000 claimants associated with the fishing, tourism and oil industries from the five Gulf states.

BP Spill Settlement Opt-Outs to Increase With Deadline Today

November 1, 2012, 9:07 am

Lawyers for as many as 10,000 potential plaintiffs pursuing claims over BP Plc (BP/)’s 2010 Gulf of Mexico oil spill said their clients today will opt out or reject the company’s $7.8 billion settlement reached in March.

“I’m not trying to hold the settlement hostage, but there are too many technical problems” with the claims process, said Houston-based lawyer Brent Coon, who said he will opt out as many as 5,000 clients today. The process set up after the agreement was reached has been “slow, arduous and unexplainable,” Coon said.

Alaskans' pain set stage for Gulf spill victims' gain

October 31, 2012, 1:08 pm

As a federal judge considers whether to approve a huge civil settlement in the 2010 oil spill, thousands of Gulf Coast residents owe their day in court to a law that arose from the Exxon Valdez disaster 23 years ago.

BP Urges Judge to Approve $7.8 Billion Oil-Spill Accord

October 31, 2012, 1:05 pm

BP Plc (BP/) urged a federal judge to approve a proposed $7.8 billion settlement of thousands of claims by coastal businesses and property owners who sued over economic damages from the 2010 Gulf of Mexico oil spill.

BP spill trial delayed for Mardi Gras, Super Bowl

October 31, 2012, 1:03 pm

To avoid disruptions from the Super Bowl and Mardi Gras, a federal judge in New Orleans has postponed a trial for claims spawned by BP's massive 2010 oil spill in the Gulf of Mexico.

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Brent Coon discussing Oil Spill Settlement

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