Charging Spike In ‘Bogus’ Oil Spill Settlement Claims, BP Takes the Offensive

BP has launched a multi-pronged campaign to head off what it says are excessive claims tied to the 2010 oil spill in the Gulf of Mexico.

BP is appealing a judge’s interpretation of the terms of a multibillion-dollar settlement program tied to the Gulf oil spill. The London-based energy giant says it’s sending out hundreds of letters to lawyers for Gulf Coast businesses, warning that, if its appeal succeeds, it may seek to recover at least a portion of their clients’ shares in the settlement.

“It’s somewhat unusual to have a dispute over a settlement.”

Jeff Rensberger is a professor at South Texas College of Law.

“One of the benefits of settling a case is you close down your litigation costs. So they’re reopening their litigation costs.”

BP also placed a full-page advertisement in three of the nation’s largest newspapers Wednesday, accusing “trial lawyers and some politicians” of encouraging businesses to submit thousands of claims for inflated or non-existent losses.


Andrew Schneider

Andrew Schneider

Business Reporter

Andrew Schneider joined News 88.7 in January 2011. Since arriving in Houston, he has reported on the many changes wrought on the region’s economy by the revolution in domestic oil and gas production. His non-energy reporting runs the gamut from white-collar crime to cattle ranching. His work has aired on...

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