Electrical Transformer Maker’s $65M Oil Spill Award Upheld By 5th Circuit

(March 28, 2019, 12:53 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel ruled March 26 that a federal judge in Louisiana did not err when denying BP Exploration & Production Inc.’s request for discretionary review of a $65 million settlement award to an electrical transformer manufacturer, finding that a Court Supervised Settlement Program (CSSP) appeals panel did not misapply the Deepwater Horizon Economic and Property Damages Settlement Agreement when upholding the award (BP Exploration & Production Inc., et al v. Claimant ID 100141850, No. 18-30835, 5th Cir., 2019 U.S. App. LEXIS 9121)....

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