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Tag Archives: BP

Judge eyes June 2011 for first oil spill trial

NEW ORLEANS — The first federal trial for damage claims by businesses and individuals complaining of financial losses from the Gulf Coast oil spill could be held next summer, a judge said Friday.

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BP to sell $2B to $3B in new bonds

NEW YORK CITY — BP is planning to sell $2 billion to $3 billion in new bonds for the first time in more than a year. The move takes advantage of low interest rates and adds a fresh infusion of cash before incoming ...

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Hayward to testify to UK lawmakers

LONDON — Outgoing BP CEO Tony Hayward will come under scrutiny from British lawmakers Wednesday over the Gulf of Mexico oil spill, months after he offered few explanations for the accident at a testy hearing in Washington.

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BP cases will be heard in New Orleans

BOISE — A New Orleans federal judge will manage the 300 lawsuits filed in the wake of the Gulf of Mexico oil spill, a federal judicial panel has ordered. The U.S. Judicial Panel on Multidistrict Litigation, which met in Boise ...

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Gulf litigation costs mounting

BP PLC and the other companies involved in the Gulf of Mexico oil spill are faced with fast-multiplying lawsuits that will provoke one of the most drawn-out and costliest legal battles in U.S. history, one that could easily ...

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