Archive for July, 2015

A federal judge ordered that all BP oil spill settlement payments due to local governments affected by the disaster must be paid by August 26. U.S. District Judge Carl Barbier wrote that the “vast majority of local governmental entities” have accepted the terms of the $18.7 billion settlement, despite the fact that the settlement amounts

As the participants in the BP oil spill settlement review the terms of the agreement, some jurisdictions have chosen to accept the terms, while others are seeking a more favorable arrangement. Officials in Miami voted to accept a $2.5 million settlement as compensation for losses due to the 2010 disaster. Two Tampa Bay suburbs, Treasure

BP Oil Spill Settlement: A Long Way To Go

July 15th, 2015 by Amaro Law Firm

The negotiations surrounding the recent $18.7 billion BP oil spill settlement included dozens of attorneys, hundreds of hours and thousands of claims against the petroleum giant. The road in reaching the BP oil spill settlement agreement was nearly as slick and messy as the oil spill itself. Marathon meetings with local, state and federal officials

BP Oil Spill Settlement Totals $18.7B

July 8th, 2015 by Amaro Law Firm

Officials with the troubled petroleum giant announced that the BP oil spill settlement would amount to nearly $18.7 billion. If the settlement agreement receives approval from a federal judge, the BP oil spill settlement would be the largest civil settlement with any single corporation in U.S. history. The settlement would bring to a close the

BP Oil Spill Trial News

July 1st, 2015 by Amaro Law Firm

The U.S. Supreme Court issued a decision in one BP oil spill trial, while the Fifth Circuit Court of Appeals upheld a lower court ruling in another. The Supreme Court rejected attempts by BP and Anadarko Petroleum to appeal federal fines related to the 2010 Deepwater Horizon disaster. In New Orleans, a panel of judges