Nov 21, 2010

BP Fights Court Bid to Lift Oil-Spill Damages Limit



BP Plc had said for months it would pay all legitimate damages for the largest oil spill in U.S. history, but now it's fighting a bid to legally force it to waive a $75 million statutory cap.
Lawyers for local businesses and individuals filed a motion this month asking U.S. District Judge Carl Barbier, who is overseeing the oil-spill litigation in New Orleans, to rule that a cap is inapplicable in this case.
[Read more]
Source: ABC News

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