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US judge finalises BPs $20bn settlement over 2010 Gulf of Mexico oil spill

2016-04-06 01:00:00| Offshore Technology

A federal US judge in Louisiana has finalised BP's $20bn civil settlement over its 2010 Gulf of Mexico oil disaster.

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U.S. judge approves BP settlement for 2010 Gulf of Mexico oil spill

2016-04-05 05:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Judge Carl Barbier granted final approval on Monday to BP Plc's civil settlement over its 2010 Gulf of Mexico oil spill after it reached a deal in July 2015 to pay up to $18.7 billion in penalties to the U.S. government and five states. "Today's action holds BP accountable with the largest environmental penalty of all time while launching one of the most extensive environmental restoration efforts ever undertaken," U.S. Attorney General Loretta Lynch said in a statement. The company at the...

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Judge Approves Multi-Billion BP Oil Spill Settlement

2016-04-05 02:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: A federal judge in New Orleans today set his stamp of approval on an $18.7 billion civil settlement in the deadly 2010 Deepwater Horizon disaster in the Gulf of Mexico. Fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon April 21, 2010. U.S. District Judge Carl Barbier approved the agreement reached with the U.S. government and five Gulf states: Florida, Alabama, Louisiana, Mississippi and Texas -- resolving years of litigation over the worst offshore...

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Historic FCPA Settlement Reflects Increased Regulatory Focus on...

2016-03-30 04:53:04| Telecom - Topix.net

Most employers already know that violating the Foreign Corrupt Practices Act of 1977 has serious consequences, including significant fines. Those potential fines just got even heavier.

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CBA, Ace Foundation finalise settlement in lawsuit linked to IT bribe allegations

2016-03-29 09:35:41| Automakers - Topix.net

The Commonwealth Bank of Australia and the Ace Foundation have finalised a settlement in a US lawsuit linked to an Australian criminal case that has seen charges laid against two former CBA IT executives. The Ace Foundation is a US-based not-for-profit organisation that last year sued the bank.

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