By Alex Woodward, Gambit, New Orleans. December 13, 2011.
“Gulf Coast officials and a local oysterman were among those making a pitch last week to a congressional committee for directing 80 percent of the billions of dollars in BP fines to the five most heavily affected Gulf Coast states, including Louisiana…”
By Cain Burdeau, Associated Press. December 12, 2011.
“NEW ORLEANS — Justice Department lawyers argued at trial Monday that there is little evidence a shipping channel dug decades ago by the Army Corps of Engineers contributed significantly to the castastrophic flooding after Hurricane Katrina that swamped St. Bernard Parish and New Orleans’ Lower 9th Ward in 2005…”
By Margaret Cronin Fisk and Laurel Brubaker Calkins, Bloomberg News. December 12, 2011.
“Transocean Ltd. (RIG) said it can’t be forced to pay federal fines or penalties for oil spilled below the surface of the Gulf of Mexico in the Deepwater Horizon incident because of an indemnity contract with BP Plc…”