Buddy Caldwell News
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BP Plc, Transocean Ltd. and Halliburton Co. must convince a federal judge that mistakes that led to the 2010 Gulf of Mexico oil spill don’t amount to gross negligence if they are to avoid billions of dollars in damages for the largest offshore oil spill in U.S. history.
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European stocks closed little changed as investors scrutinized post-election polls for signs of who will control Italy’s government.
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Louisiana asked a federal judge to order a separate jury trial against BP Plc over the $1 billion in economic oil-spill losses that the state claims BP has stopped paying.
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The first trial over the BP Plc oil spill will be scheduled for Jan. 14, Louisiana Attorney General Buddy Caldwell said.
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Louisiana Governor Bobby Jindal and state Attorney General Buddy Caldwell asked a U.S. judge to lift a six-month moratorium on deepwater drilling in the Gulf of Mexico within 30 days to avoid “turning an environmental disaster into an economic catastrophe.”
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Judges on both sides of the Atlantic Ocean are moving toward a resolution of the legal dispute blocking the sale of Liverpool soccer club to the owners of baseball’s Boston Red Sox.
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BP Plc and its partners in the Gulf of Mexico well that blew up should pay the state of Louisiana at least $1 million a day for damages caused by the worst oil spill in U.S. history, state Attorney General Buddy Caldwell said in a lawsuit against the oil company.
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Damian Chunilal, the former Asia- Pacific head of investment banking at Merrill Lynch & Co., is suing the bank over a reduced bonus payment in his last year with the firm.
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ICP Asset Management LLC and its founder were sued by U.S. regulators for their role in overseeing mortgage-linked investments insured by American International Group Inc. as the housing market declined.
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Virginia Attorney General Ken Cuccinelli , speaking of a case aimed at stopping national health-care reform, declared , “This lawsuit is not about health care. It’s about our freedom.”
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