BP has taken its last gasp of air as it seeks it’s one and only option in the ongoing saga of the oil-spill settlement agreement the company hastily signed. After unsuccessful attempts with the Fifth Circuit Court of Appeals, the oil giant is now trying its hand with the U.S. Supreme Court.

Whether the Supreme Court will grant cert. remains to be seen, but in the meantime, let’s take a look at the legal backdrop of the case.

After BP’s massive Deepwater Horizon oil spill, it entered a settlement agreement in 2012, which was approved by the district court – and that’s when (more) problems began.

Settlement Appeals

BP challenged the terms of the settlement agreement, and sought to have the settlement agreement tossed “if the class included claimants who were not directly affected by the accident,” reports the Houston Chronicle.

The Cert. Petition

Late Friday, BP filed a petition for writ of certiorari to the U.S. Supreme Court, reports New Orleans’ WWL-TV. As stated in the petition, the question presented by BP is:

We’ll have to wait until October to find out whether cert. will be granted, according to WWL. But based on the nature of the claim, and the circuit split, BP has a good chance in having cert. granted. We’ll keep you posted when the Supreme Court decides whether or not to hear this case.

Related Resources:

  • BP Wants Settlement Thrown Out Over Class Action Rules (FindLaw’s U.S. Fifth Circuit Blog)
  • BP Suffers Loss in Gulf Settlement Appeal: Time to Pay Up? (FindLaw’s U.S. Fifth Circuit Blog)
  • 5th Circuit Makes Typo in Denying BP Settlement Rehearing (FindLaw’s U.S. Fifth Circuit Blog)

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