This afternoon the 5th Circuit Court of Appeals denied BP’s request to maintain the hold on payments to businesses and individuals harmed by the Deepwater Horizon spill. BP’s position has been soundly rejected time and time again by several judicial and quasi-judicial bodies.
Last week the 5th Circuit refused to rehear BP’s tired arguments. As such, the company indicated it would ask the Supreme Court to intervene, a move seen as unlikely given the narrow issues involved (primarily a contract interpretation dispute). With that in mind, late last week BP moved the 5th Circuit to maintain the “stay” and delay issuing the “mandate” that would allow payments to flow. Today the 5th Circuit denied the company’s request.
While this is good news for claimants, other issues remain pending which could further delay claim resolution, including the so-called “matching” issue involved in Policy 495. That said, this is another in a long line of positive developments for the businesses and individuals of the Gulf.
It’s high time BP calls it a day.
As a plaintiff attorney, Tom Young has been at the forefront of some of the Nation's worst disasters. In 2015, he was judicially appointed to represent over 200,000 plaintiffs in an allocation proceeding involving a $1.24 billion settlement with Deepwater Horizon contractor Halliburton and rig owner Transocean. Currently, he's focused on representing numerous communities across the country that have been ravaged by the opioid epidemic and are now seeking damages from drug manufacturers and distributors.