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BP Rejects Liability For Some Gulf Losses

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Lawyers for BP have said in a filing with the New Orleans Federal Court that under the US Oil Pollution Act, liability is “limited to damages directly caused by a covered oil spill and that indirect or derivative losses are not compensable”.

BP is refuting oil spill claims that businesses hurt by the ban on deepwater drilling should be compensated by the company, and that it is not responsible for damage to boats used in the containment effort after the Deepwater Horizon drill rig explosion and subsequent oil spill.

Though BP has agreed to set up a $20 billion fund to compensate business and individuals who were harmed by the spill, hundreds of lawsuits alleging financial harm have been consolidated in New Orleans. The US government has filed a civil suit and the Department of Justice is conducting criminal investigations.

BP has set up a Rig Worker Assistance Fund of $100 million to provide assistance to workers affected by the temporary ban on drilling in the Gulf, though they say there have been very few applications for the assistance.

breakinglawsuitnews.com disclaimer: This article: BP Rejects Liability For Some Gulf Losses was posted on Friday, May 13th, 2011 at 6:56 pm at breakinglawsuitnews.com and is filed under Other Lawsuits.

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