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Friday, May 27, 2011

BP Asks New Orleans Judge to Reject Some Spill Damage Claims | San Francisco Chronicle

A lawyer for BP argued today in federal court in New Orleans that spill victims can only sue for economic losses under specific laws governing offshore spills and that lawsuits filed under other statutes should be dismissed. The London-based oil company also said spill victims are obligated to pursue claims for resolution through a $20 billion trust fund BP established for that purpose before they can sue...

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