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Oil rig legal costs could be costliest ever

28 July 2010

With such a diverse range of damages and costs, legal experts and attorneys have predicted the Deepwater Horizon disaster could be one of the most drawn-out and costly battles in US legal history, the Associated Press reports.

Read more: deepwater horizon advisen

With such a diverse range of damages and costs, legal experts and attorneys have predicted the Deepwater Horizon disaster could be one of the most drawn-out and costly battles in US legal history, the Associated Press reports.

The Associated Press reported that at least 300 federal lawsuits have been filed in 12 states against BP, rig owner Transocean, well contractor Halliburton and Cameron International, maker of the well's failed blowout preventer.

The plaintiffs includes shrimpers and oystermen, charter boat captains, beach resort and condo owners, restaurants and bars, seafood suppliers, bait and tackle shops and tourist attractions, said the Associated Press.

Most claim severe economic losses from the oil spill. The Associated Press said a few wrongful death and injury lawsuits have been filed, while some BP investors also have sued, claiming against the...


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