DOJ seeks truce in BP oil spill

Mark Schleifstein of the New Orleans Times Picayune reports: The U.S. Justice Department will file a motion to approve a proposed $20.8 billion settlement of civil claims between BP and federal, state and local governments stemming from the Deepwater Horizon disaster and oil spill on March 31, a federal judge announced Wednesday (March 2). Justice officials also will file copies of public comments they have received on the proposed settlement. U.S. District Judge Carl Barbier made the announcement in an order filed Wednesday cancelling a March 23 hearing he had tentatively scheduled on the consent decree that includes the settlement. Barbier said that once the motion is filed, he will review it and any comments or objections that were submitted with it, and take the proposal under advisement. Now Judge Barbier must consider the fairness of the settlement before approving it.  Is it fair?  Obviously, there is much to view as just.  But there are also parts...(Read Full Post)