BP ducks one set of claims
A US judge has decided integrated oil company BP won't face claims for damages over the 2010 Gulf of Mexico oil spill brought by recreational users, company-branded gas station owners and businesses alleging loss of reputation.
A US judge has decided integrated oil company BP won't face claims for damages over the 2010 Gulf of Mexico oil spill brought by recreational users, company-branded gas station owners and businesses alleging loss of reputation.
US District Judge Carl Barbier removed these categories of claims from more than 500 lawsuits.
An estimated $7.8bn settlement between BP and lawyers, intended to compensate claims for economic damage, did not include these claims and will be unaffected by the ruling.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
CM
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Where are ISA savers and investors putting their money?
With less than three months until the end of the tax year, where are ISA savers and investors putting their money? We look at the latest ISA trends.
By Katie Williams Published
-
More than £53 billion held in fixed-rate cash ISAs will mature by April - where should savers move their money?
If your fixed-rate cash ISA is maturing soon, we look at the options available to you
By Ruth Emery Published