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4 Jun 2010, 8:04 am by Ted Frank
[MI] 17 out of 33 judges ruling on the question have stayed proceedings in litigation over the BP/Transocean oil spill. [read post]
3 Jun 2010, 11:13 pm by Dr. Shezad Malik
Bloomberg News (6/3, Fisk, Calkins) reports, "The US government asked a federal judge to reject Transocean Ltd.'s bid to use a 159-year-old law to cap its liability at $27 million for environmental claims tied to the Deepwater Horizon oil spill. [read post]
3 Jun 2010, 12:28 pm
In the Florida Panhandle, most people have not lost money or had other damage caused by BP and Transocean from the oil spill in the Gulf. [read post]
3 Jun 2010, 10:16 am by Elie Mystal
Gorelick to Head BP Team [Main Justice] BP, Halliburton, Transocean Build Legal Teams [Greenwire / New York Times] [read post]
3 Jun 2010, 9:00 am by Lucas A. Ferrara, Esq.
Since BP's potential liability could dwarf Transocean's, the senators said today that any decision by BP to go forward with its dividend would be even more troubling. [read post]
3 Jun 2010, 8:31 am by Joe Consumer
Transocean's insurers are trying to pull strings behind the scenes to limit its payouts - at least according to Transocean. [read post]
3 Jun 2010, 8:31 am by Joe Consumer
Transocean's insurers are trying to pull strings behind the scenes to limit its payouts - at least according to Transocean. [read post]
2 Jun 2010, 6:20 am by Anthony Lake
The lack of procedures to handle the possibility of a deep undersea spill and the seeming lack of haste in staunching the spill by United Kingdom-based British Petroleum, which leases the Deepwater Horizon oil rig, and Switzerland-based Transocean, Ltd., which owns the rig, have justly opened the companies to public criticism and condemnation, civil suits and likely civil penalties and fines. [read post]
2 Jun 2010, 6:00 am by South Florida Lawyers
Among Hughes’s reported mutual fund holdings are Legg Mason Aggressive Growth Fund, which was almost 10 percent Anadarko at the end of March, and AIM Basic Value Fund, which included shares of Halliburton and Transocean as of the same period. [read post]
1 Jun 2010, 10:00 pm
  The actual owner of the rig (in this case Transocean) would be more likely to care about the rig's structural integrity. [read post]
1 Jun 2010, 1:00 pm by Lucas A. Ferrara, Esq.
Twenty-three percent (23%) give British Petroleum (BP) and Transocean, the private companies associated with the leak, good or excellent marks for their response to the incident. [read post]
1 Jun 2010, 7:20 am
  At the time, the Deepwater Horizon was reportedly conducting drilling activities pursuant to a contract between Transocean Ltd. and Transocean subsidiaries, and BP America Production Company.Nearly a month later, Transocean’s excess insurers have commenced a Declaratory Judgment action to determine their additional insured obligations to BP with respect to pollution claims against BP for oil emanating from BP’s well. [read post]
1 Jun 2010, 7:20 am
  At the time, the Deepwater Horizon was reportedly conducting drilling activities pursuant to a contract between Transocean Ltd. and Transocean subsidiaries, and BP America Production Company.Nearly a month later, Transocean’s excess insurers have commenced a Declaratory Judgment action to determine their additional insured obligations to BP with respect to pollution claims against BP for oil emanating from BP’s well. [read post]
31 May 2010, 8:33 am
" BP and Transocean are further protected by the Oil Pollution Act (OPA) and Limitation of Liability Act (LOLA). [read post]
31 May 2010, 7:33 am by Benjamin S. Persons, IV
" BP and Transocean are further protected by the Oil Pollution Act (OPA) and Limitation of Liability Act (LOLA). [read post]
30 May 2010, 3:12 pm by Robin Mashal
On April 20, 2010, an offshore drilling rig operated by Transocean Ltd. on behalf of BP exploded in the Gulf of Mexico, killing 11 people and causing a large oil spill. [read post]
28 May 2010, 10:50 am by Michael
If the request is granted, Transocean would be left as much as $533 million in insurance money. [read post]
27 May 2010, 10:00 pm
Benton is suing BP and Transocean claiming physical injury and mental anguish.Photo and text reproduced from Wall Street Journal online. [read post]
27 May 2010, 12:02 pm by Brian Baxter
As the "top kill" effort to stanch one of the worst oil spills in U.S. history appeared to be making some headway, the owner of the Deepwater Horizon confirmed that it has retained two leading law firms to advise the company in litigation and congressional hearings. [read post]