BP Spill Settlement Objectors Seek to Overturn Approval

November 5, 2013, 8:48 am

Originally posted by Margaret Cronin Fisk and Allen Johnson Jr - Bloomberg - November 4, 2013

Opponents of BP Plc (BP/)’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill asked a U.S. appeals court to reverse a judge’s approval of the agreement.

The deal can’t be approved because it inconsistently compensates victims with the same types of economic injuries, opponents of the settlement told the U.S. Court of Appeals in New Orleans today. The settlement should be more fairly distributed, attorney Brent Coon told the panel.

“It’s not just the amount of money that’s paid, it’s money that should have been paid,” he said. Coon and lawyers for other objectors are seeking a reversal of U.S. District Judge Carl Barbier’s December approval of the accord.


Court hears arguments on BP oil spill settlement

November 4, 2013, 2:51 pm

Originally posted by Michael Kunzelman - Associated Press - November 4, 2013

NEW ORLEANS (AP) — A federal appeals court heard dueling arguments Monday on whether a judge should have approved BP’s multibillion-dollar settlement for compensating victims of its 2010 oil spill in the Gulf of Mexico.

Theodore Olson, a lawyer for BP, said the class-action deal it reached last year with a team of private plaintiffs’ attorneys “became something else” after U.S. District Judge Carl Barbier upheld a court-appointed claims administrator’s interpretation of terms governing payouts to businesses.


Gulf oil spill settlement back in court as BP contests interpretation of business claims

November 4, 2013, 2:48 pm

Originally posted by Michael Kunzelman - Washington Post - November 4, 2013

NEW ORLEANS — A year ago, lawyers for BP and Gulf Coast residents and businesses took turns urging a federal judge to approve their settlement for compensating victims of the company’s massive 2010 oil spill.

On Monday, however, the one-time allies will be at odds when an appeals court hears objections to the multibillion-dollar deal. That’s because several months after U.S. District Judge Carl Barbier approved the settlement, BP started complaining that the judge and court-appointed claims administrator were misinterpreting it. The London-based oil giant is worried that it could be forced to pay billions of dollars more for bogus or inflated claims by businesses.


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.


FIRST SETTLEMENTS ANNOUNCED FROM BP OIL SPILL CLASS ACTION

July 17, 2012, 11:44 pm

Brent Coon and Associates (BCA) is pleased to announce the resolution of its first cases with the BP Oil Spill Settlement program.


Statement From Brent Coon on BP Settlement With OSHA Regarding Fines For Safety Violation Stemming From 2005 Texas City Explosion

July 12, 2012, 4:45 pm

We are pleased to see that OSHA is still closely monitoring the work to improve the conditions of the BP Texas City facility, with focus on the condition of the relief valve systems, which are critical to safe operations in refineries.

The failure to properly monitor such relief systems in the past have contributed to a number of incidents in that facility, most notably the explosion in March of 2005 which killed 15 people. This is yet another step in a long delayed process to return the BP Texas City facility to safe operating conditions. BP failed to honor the settlement agreement entered into with OSHA in 2007 and failed to honor the terms of their DOJ plea agreement as well. While the additional fines for those failures help add pressure to the management of BP to speed up their safety improvements and maintenance practices, the failure to prosecute management personnel individually has allowed the company to act with less haste than it would have otherwise.


BP to sell Texas City refinery

February 2, 2011, 9:54 am

Beaumont Enterprise

BP announced Tuesday it plans to sell its Texas City and Carson, Calif. refineries, cutting its U.S. refining capacity in half.

Beaumont attorney Brent Coon, who represented plaintiffs in a lawsuit against BP after the company's 2005 Texas City refinery explosion, said it's not clear how the facility's ongoing probation status under a federal criminal settlement will impact the sale.


BP to divest half its U.S. refining capacity

February 1, 2011, 2:15 pm

Reuters

BP Plc put half its U.S. refining assets up for sale on Tuesday, including the huge Texas City plant, a potentially prize asset but one that carries the stigma of a 2005 blast that killed 15 workers.


Gunning for BP

January 28, 2011, 9:30 am

Petroleum Economist


HE RIDES a Harley, plays guitar in a rock band and goes skydiving. But Brent Coon's name is known for something else: suing BP. And that's ok with him. With Coon leading many of the lawsuits against BP following the Texas City refinery disaster of 2005, which killed 15 workers and injured more than 100, the settlements ran to more than $3bn.


Transocean ordered to turn over audits and records on all of its Gulf of Mexico vessels

December 21, 2010, 12:35 pm

Times Picayune

U.S. District Court Judge Carl Barbier ordered Transocean Ltd. Friday to give safety audits and other materials on all of its vessels in the Gulf of Mexico to government investigators, and not just material related to the Deepwater Horizon rig.



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