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Reuters reports:
By a 2-1 vote, the 5th U.S. Circuit Court of Appeals in New Orleans upheld a Dec. 24 ruling by U.S. District Judge Carl Barbier in New Orleans, authorizing the payments on so-called business economic loss claims. It also said an injunction preventing payments should be lifted.
"Today's ruling makes clear that BP can't rewrite the deal it agreed to," said attorneys Steve Herman and Jim Roy, who represent the business claimants, in a statement following the ruling.
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Reuters reports:
By a 2-1 vote, the 5th U.S. Circuit Court of Appeals in New Orleans upheld a Dec. 24 ruling by U.S. District Judge Carl Barbier in New Orleans, authorizing the payments on so-called business economic loss claims. It also said an injunction preventing payments should be lifted.
"Today's ruling makes clear that BP can't rewrite the deal it agreed to," said attorneys Steve Herman and Jim Roy, who represent the business claimants, in a statement following the ruling.
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Reuters reports:
By a 2-1 vote, the 5th U.S. Circuit Court of Appeals in New Orleans upheld a Dec. 24 ruling by U.S. District Judge Carl Barbier in New Orleans, authorizing the payments on so-called business economic loss claims. It also said an injunction preventing payments should be lifted.
"Today's ruling makes clear that BP can't rewrite the deal it agreed to," said attorneys Steve Herman and Jim Roy, who represent the business claimants, in a statement following the ruling.
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