The Traderszone Network

Published in TZ Latest News 7 September, 2014 by The TZ Newswire Staff

UK government lends hand to BP in U.S. Gulf oil spill ruling

Supreme Court to review an appeals court ruling against BP Plc (BP.L) over a 2010 Gulf of Mexico oil spill that produced one of the largest class actions in American history. In a friend of court brief, the UK government said the ruling by U.S. District Judge Carl Barbier raises grave international concerns by undermining confidence in the “vigorous and fair resolution of disputes.” The filing said BP, which has “gone to great lengths to restore the Gulf Coast”, was now being required to pay large sums to others who were not injured by the Deepwater Horizon oil spill.