5th Circuit Finds Tax Credit Company Ineligible To Receive BP Settlement Money

(September 25, 2017, 12:00 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on Sept. 22 found that a film tax credit company is ineligible to receive funds from the Deepwater Horizon Economic and Property Damages Class Action Settlement because it qualifies as a financial services business that is not included in the settlement agreement (Claimant ID 100153748 v. BP Exploration & Production Inc., et al., No. 16-31079, 5th Cir.)....

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