5th Circuit Affirms Denial Of Tampa Bay Buccaneers’ $19.5M Oil Spill Claim

(May 28, 2019, 2:05 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on May 24 upheld a federal judge in Louisiana’s ruling denying the Tampa Bay Buccaneers’ $19.5 million claim to the Deepwater Horizon Economic and Property Damages Settlement Agreement Court Supervised Settlement Program (CSSP), holding that the judge did not err when finding that the threat of a lockout in 2011 did not warrant the reallocation of revenue to support the team’s assertion that it gained revenue during the relevant time period (BP Exploration & Production Inc. v. Claimant ID 100246928, No. 18-30375, 5th Cir., 2019 U.S. App. LEXIS 15620)....

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