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Judge rejects BP's bid to shut down Gulf spill payments

BP's latest bid to temporarily halt payments under its $9.2B oil spill settlement in order to establish improved accounting and fraud safeguards was rejected today by Judge Barbier in New Orleans.

BP, which believes widespread fraud and a faulty interpretation of settlement terms have prompted the payment of millions of dollars in unwarranted claims for damage from the 2010 Gulf of Mexico oil spill, was requesting new computer cross-checking programs to automatically single out claims from some regions and industries or in excess of certain amounts for "enhanced due diligence and closer scrutiny."

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Comments (7)
  • doc47
    , contributor
    Comments (1450) | Send Message
    BP would be much better off spending their time and money on finding better lawyers. They're probably some under the nearest oil slick rock!
    11 Mar 2014, 06:43 PM Reply Like
  • Luggie
    , contributor
    Comments (9) | Send Message
    Hi Doc - Problem is BP needs to find better regulators starting at the Agency, Judicial levels, and leading to the Administration. Some twits don't think this sort of thing is any skin off the big corporation, or their pocketbook - who really pays for government overreach? Happy Trading
    11 Mar 2014, 10:36 PM Reply Like
    , contributor
    Comments (4124) | Send Message
    WTF is this barbier a king ?
    11 Mar 2014, 07:02 PM Reply Like
  • deercreekvols
    , contributor
    Comments (7257) | Send Message
    Clearly this judge is having trouble setting aside his personal feelings when it comes to BP. Too bad that the "justice" being delivered in Louisiana is as far from blind as you can get. BP will not get a favorable decision from Barbier. Not now, not ever.
    No doubt there will be an appeal filed, if it hasn't been already.


    At some point, a high-ranking British official will make a phone call to the White House and demand that BP be treated no differently than any other company operating in the US.


    BP will continue to grow their operations around the world. The US business is only one segment of their operations.
    11 Mar 2014, 07:18 PM Reply Like
  • Landsharks6
    , contributor
    Comments (143) | Send Message
    Yes blind justice based on French law not English . Every attorney east of Texas probably has this Judge in their pocket.So yes deerceekvol, once again you make an excellent point.


    I hope the English Govt. steps up & helps B.P. now some clown over seas is saying they were manipulating currency. How in the world is that even possible? If B.P. had that much power than certainly they could manipulate 1 judge.


    All this comes from B.P. doing the right thing, after the spill they immediately put up 20 billion for clean up costs without any court order.. Its disgraceful I wonder how many cousins this Judge Barbier guy has In La., Miss. & Alabama.
    11 Mar 2014, 07:52 PM Reply Like
  • SoldHigh
    , contributor
    Comments (1013) | Send Message
    Let the billions that the spill has cost (and is costing) BP be a lesson to other companies:


    If you spill among the fish and krill, you'll get a hefty bill!
    11 Mar 2014, 08:16 PM Reply Like
    , contributor
    Comments (4124) | Send Message
    The U.K. has had years of seeing this american abuse of BP which has wrongly & negatively affected the value of the most owned pensioners stock in the U.K.


    The U.K. seems to be the ONLY country afraid of this administration!


    How SAD!
    11 Mar 2014, 10:09 PM Reply Like
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