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Tag Archives: BP

Fitch monitoring spill’s impact

(Dolan Media Newswires) — Fitch Ratings is closely tracking the aftermath of the massive oil spill related to the April 20 explosion of the Deepwater Horizon oil rig in the Gulf of Mexico, although analysts believe speculation on the impact to credit quality for state and local governments in the region would be premature.

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Bill would reverse ‘Exxon’ punitives limit

(Dolan Media Newswires) — As oil from the massive spill in the Gulf of Mexico continues to spread, lawmakers have introduced legislation that would lift the cap on punitive damages that can be assessed against those responsible for such disasters under maritime law.

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Pitfalls abound for oil spill plaintiffs

As coastal businesses and governments brace for the full effects of the massive petroleum spill off the Gulf Coast, the legal landscape for those seeking civil damages from oil company BP may be as slippery as the oil slick itself.

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