Search for: "OIL SPILL LIABILITY TRUST FUND"
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5 Oct 2022, 6:30 am
For example, in recent years, securities litigation has been filed after events such as natural disasters, oil spills, data privacy breaches, allegations of bribery and corruption, and workplace misconduct. [read post]
5 Jul 2022, 9:00 am
In 2017, the United States sued ERR under the OPA for removal costs it had paid from the Oil Spill Liability Trust Fund (the “Fund”) to Oil Mop LLC, a spill-response service provider. [read post]
26 Apr 2022, 2:54 pm
If the responsible party fails to promptly resolve the claim, a claimant can go to court or seek compensation from the Oil Spill Liability Trust Fund, which provides up to $1 billion in compensation for any single oil spill. [read post]
11 Jan 2022, 9:14 am
Oil Spill Liability Trust Fund. [read post]
2 Sep 2021, 5:35 am
Additionally, the document details $86 billion of tax increases on the foreign income of U.S. oil and gas companies. [read post]
21 Dec 2020, 3:12 pm
They include: The look-through rule for controlled foreign corporations New Markets Tax Credit Work Opportunity Tax Credit Exclusion from gross income of mortgage forgiveness Empowerment zone tax incentives Oil spill liability trust fund rate Employer credit for paid family and medical leave Exclusion for certain employer payments of student loans (a CARES Act provision) Extension of carbon oxide sequestration credit 7-year recovery period for motorsports… [read post]
1 Dec 2020, 1:55 am
Key Findings Introduction Temporary Tax Policy The Remaining Extenders Expiring Provisions under the Tax Cuts and Jobs Act Pandemic-Related Expirations Conclusion Appendix Key Findings At the end of 2020, 33 temporary tax provisions are scheduled to expire at the federal level. [read post]
21 Sep 2020, 7:27 am
SB 1875: Creates the Oil and Gas Produced and Wastewater Recycling and Reuse Act. [read post]
19 Aug 2020, 5:01 am
Does he propose eliminating and dumping into the general fund the Transportation Trust Fund, the Foreign Military Sales Trust Fund, the Airport and Airway Trust Fund, the Oil Spill Liability Trust Fund, and the other 89 or more trust funds held by the federal government? [read post]
13 Apr 2020, 8:39 am
Parties should also note the importance of seeking relief from the Oil Spill Liability Trust Fund in a timely fashion. [read post]
8 Apr 2020, 1:56 am
The Oil Spill Liability Trust Fund (Fund), operated by the U.S. federal government, then reimbursed Frescati for the cleanup costs, which exceeded the Act’s $48 million liability limit. [read post]
18 Mar 2020, 7:59 am
The federal government does not levy a severance tax on oil and gas but does levy an oil spill liability excise tax, which is set to expire by the end of 2020. [read post]
29 Oct 2019, 7:20 am
Frescati, which here refers collectively to the owner and separate manager of the Athos, paid for the initial cleanup under the Oil Pollution Act of 1990, administratively limited its liability under OPA for cleanup, and then obtained reimbursement from the federal Oil Spill Liability Trust Fund for about $88 million for expenditures over that limit, with the federal government partially subrogated to Frescati’s rights. [read post]
18 Dec 2018, 4:53 pm
The Coast Guard will be initially using funds from the Oil Spill Liability and Trust Fund to pay for the cleanup, but the responsible party will be liable for expenses associated with containment, cleanup, and damages. [read post]
4 Dec 2018, 11:43 am
” ******************************************* [1] The National Pollution Funds Center oversees the Oil Spill Liability Trust Fund, 26 U.S.C. [read post]
5 Apr 2018, 6:38 am
The decision has particular relevance to the types of defenses that may be maintained against reimbursement claims brought by the United States Oil Spill Liability Trust Fund (OSLTF) to recover funds expended in responding to an oil spill. [read post]
5 Apr 2018, 6:38 am
The decision has particular relevance to the types of defenses that may be maintained against reimbursement claims brought by the United States Oil Spill Liability Trust Fund (OSLTF) to recover funds expended in responding to an oil spill. [read post]
5 Apr 2018, 6:38 am
The decision has particular relevance to the types of defenses that may be maintained against reimbursement claims brought by the United States Oil Spill Liability Trust Fund (OSLTF) to recover funds expended in responding to an oil spill. [read post]
8 Feb 2018, 11:09 am
Extension of special allowance for second generation biofuel plant property. 2017 Extension of energy efficient commercial buildings deduction. 2017 Extension of special rule for sales or dispositions to implement FERC or State electric restructuring policy for qualified electric utilities. 2017 Extension of excise tax credits relating to alternative fuels. 2017 Extension of Oil Spill Liability Trust Fund financing rate. [read post]
8 Feb 2018, 6:56 am
That’s like outsourcing the environmental protection from oil spills to a private corporation controlled by BP and Exxon. [read post]
