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TRANSOCEAN SEEKS TO LIMIT ITS LIABILITY TO $27 MILLION

Despite the fact that it received $430 million from its insurance company, Transocean today announced to its shareholders that it intends to seek to limit its liability to the Deepwater Horizon explosion and sinking to only $27 million. This effort by Transocean comes despite the fact that, less than two weeks ago, Transocean received a payment […]

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Rig Workers Made to Sign Statements after Blast

Transocean Asked Traumatized Workers to Disavow "First Hand or Personal Knowledge" of Events, Lawyers Say Workers aboard an exploding offshore drilling platform were told to sign statements denying they were hurt or witnessed the blast that rocked the rig, killed 11 and spewed millions of gallons of oil into the ocean, their attorneys said Tuesday. […]

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Transocean To Workers After Rig Explosion: Sign The Waiver Here, Please!

When rescued workers were brought ashore following the explosion on the Deepwater Horizon rig last month, officials with drilling giant Transocean presented them with forms stating they had not been injured and that they had no first-hand knowledge of what happened. Lawyers for the workers are now crying foul about what they say is an all too […]

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Deepwater Horizon Survivors Tell ABC News No Alarm Sounded Before Blast, Safety Gear Failed

'It Was Chaos,' Says Survivor; Industry Officials Acknowledge Failures Of Safety Equipment On Oil Rig Survivors of last week's massive oil rig explosion have told ABC News that alarms meant to warn them of an imminent blast never sounded, and oil industry experts now agree that a critical failsafe needed to prevent the blast and […]

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Judge awards damages to injured oil rig worker

On June 18, a judge awarded $518,000 to a worker whose fingers were crushed in an accident on an oil rig. In 2005, Ryan Speights, a Diamond Offshore Management Co. employee, was cleaning a piece of equipment with a riser brush owned by Baker Hughes Oilfield Operations. A Baker Hughes employee was also there to […]

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High Court Says Barges, Tugs Fall Under OSHA Safety Rules

The U.S. Supreme Court ruled Wednesday that federal regulators can impose strict worker safety standards on barges and tugboats. The court rejected arguments that the industry was being double-regulated by the Coast Guard and the Occupational Safety and Health Administration. The court also held that marine workplaces such as oil rigs are not different from […]

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Like Price Fixing, Wage Fixing Illegal

Price-fixing cases are fairly common. And there's an interesting one going on now in New York over whether executives from the two giant auction companies, Christie's and Sotheby's, agreed to fix commissions and eliminate discounts. But it's fairly rare for companies to end up in court over another type of antitrust complaint — getting together […]

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Roughnecks Wrangle for More Money

Workers trying to force a reluctant employer to give them a raise, generally have to threaten to strike or to leave. Now, though, a group of Texas offshore oil workers has come up with a novel strategy for wringing more money out of their bosses: antitrust litigation. According to a complaint filed in federal court […]

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Oil spill loss formula doesn’t count early 2010 income, claimants complain

Oil spill claims czar Kenneth Feinberg's proposed new method for calculating final damage payments doesn't take into consideration the months just before the BP disaster, and several of the hundreds of people who have commented on the proposal say that's unfair. Times-Picayune archiveKenneth Feinberg, administrator of the Gulf oil spill claims process. According to sample calculations attached to Feinberg's proposal last Wednesday, the […]

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Law firm announces deadline to file for oil spill damages

The Buzbee Law Firm, which represents nearly 1,000 individuals allegedly exposed to or adversely affected by spilled hydrogen sulfide in the Sabine Neches Waterway after a Jan. 23 collision of an oil tanker and a tugboat has announced the April 6 deadline for filing damage claims. The Buzbee Law Firm intends to file such claims with the Court on Monday, […]

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