Shielding Transocean documents could threaten Gulf spill report, DOJ says

|About: Transocean Ltd. (RIG)|By:, SA News Editor

A U.S. attorney urges the U.S. Fifth Circuit Court of Appeals to reject Transocean’s (RIG) challenge to subpoenas for documents linked to the 2010 Gulf of Mexico oil spill, arguing they are pivotal for a regulatory report on the spill due in June.

Overturning five subpoenas that the U.S. Chemical Safety Board issued to RIG four years ago could leave the agency vulnerable to legal challenges to scrap its upcoming investigative report, the Justice Department says, adding that the report also would be the only one that strictly looks at ways to prevent similar accidents in the future.

RIG maintains the federal agency has no authority to subpoena from documents related to the spill because it is not empowered to investigate the accident.