Search for: "OIL SPILL LIABILITY TRUST FUND" Results 1 - 20 of 114
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11 Jul 2011, 11:00 am by Paul Caron
Here is part of the abstract: This Article analyzes the role of this tax-financed Oil Spill Liability Trust Fund during the emergency response to the... [read post]
19 May 2010, 8:57 am by Boteler, Finley & Wolfe
The NPFC is responsible for the administration of claims funded by the Oil Spill Liability Trust Fund (OSLTF). [read post]
17 May 2010, 3:02 pm by The Berniard Law Firm
The Oil Pollution Act of 1990 (OPA) (33 U.S.C. 2701 et. seq.) is the law that established the Oil Spill Liability Trust Fund and covers incidences such as the current Gulf of Mexico Oil Spill. [read post]
17 May 2010, 3:02 pm
The Oil Pollution Act of 1990 (OPA) (33 U.S.C. 2701 et. seq.) is the law that established the Oil Spill Liability Trust Fund and covers incidences such as the current Gulf of Mexico Oil Spill. [read post]
24 May 2010, 7:25 am
The best and fastest mechanism, no matter where the damage occurred, may be through the Oil Spill Liability Trust Fund to avoid years of delay. [read post]
25 May 2010, 1:35 pm by WIMS
"The Oil Spill Liability Trust Fund, financed mostly by a tax on oil, is intended to cover higher levels of damages, and to spread the risk of excess damages among the industry as a whole.  [read post]
23 Aug 2012, 6:06 am
OPA liability is not truly "strict," however, since the responsible party can pursue reimbursement from the Oil Spill Liability Trust Fund ("Fund") for cleanup costs that exceed a cap based on the vessel's gross tonnage. [read post]
18 May 2010, 9:31 am by The Berniard Law Firm
There is an availability of funds under the Oil Pollution Act (OPA) and the Oil Spill Liability Trust Fund (OSLTF) for Louisiana residents who have suffered property damage because of the crude oil washing ashore. [read post]
18 May 2010, 9:31 am
There is an availability of funds under the Oil Pollution Act (OPA) and the Oil Spill Liability Trust Fund (OSLTF) for Louisiana residents who have suffered property damage because of the crude oil washing ashore. [read post]
16 May 2010, 12:57 pm
Recently, we discussed the availability of funds under the Oil Pollution Act (OPA) and the Oil Spill Liability Trust Fund (OSLTF) for compensating Louisiana residents who suffer property damage as the result of an oil spill. [read post]
4 May 2010, 8:02 am by Philip Thomas
WSJ is reporting on two Senators introducing legislation to raise BP’s liability exposure for the Gulf Oil Spill under the Oil Pollution Act (OPA): On Monday, two Democratic senators introduced legislation to raise the $75 million cap to $10 billion. [read post]
25 May 2010, 1:35 pm by WIMS
      "The Oil Spill Liability Trust Fund, financed mostly by a tax on oil, is intended to cover higher levels of damages, and to spread the risk of excess damages among the industry as a whole. [read post]
15 May 2010, 10:47 am
In a previous post, we explored the role of the Oil Pollution Act (OPA) and the Oil Spill Liability Trust Fund (OSLTF) in compensating Louisiana residents who incur oil removal and clean-up costs. [read post]
5 May 2011, 11:39 am by Maritime Law Staff
The $25 million penalty was to be paid as follows: $20.05 million will be paid to the Oil Spill Liability Trust Fund, which was established under the Clean Water Act. this part of the penalty is slated to be used “to finance federal response activities and provide compensation for damages sustained from future discharges or threatened discharges of oil into water or adjoining shorelines” The $4.95 million remainder is to be paid to… [read post]
16 Jun 2010, 1:47 pm by WIMS
Additionally, a $100 million fund will be established for unemployed oil workers (See link below for details). [read post]
11 Jun 2010, 10:10 am by Greg Barnhart
Those injured may also opt into the Oil Spill Liability Trust Fund, which may be focused mainly on removing the oil.[1] The conclusion is that presenting a claim to a responsible party prior to filing suit is a mandatory condition precedent, and judges have dismissed OPA cases that have failed to do this. [read post]
11 Jun 2010, 10:10 am by Greg Barnhart
Those injured may also opt into the Oil Spill Liability Trust Fund, which may be focused mainly on removing the oil.[1] The conclusion is that presenting a claim to a responsible party prior to filing suit is a mandatory condition precedent, and judges have dismissed OPA cases that have failed to do this. [read post]
19 Apr 2012, 1:37 pm by Maritime Law Staff
The money will come from the $20 billion trust fund set up to help revive the area. [read post]