BP wins delay of Gulf spill trial until 2013May 5, 2012
A trial to assign blame and damages that could total tens of billions of dollars for the 2010 Gulf of Mexico oil spill has been put off until January, in a setback for the U.S. government, which wanted to try its case this summer.
U.S. District Judge Carl Barbier in New Orleans on Thursday scheduled a trial for Jan. 14, 2013, more than 10 months after it had originally been scheduled.
The decision means the federal government and Gulf Coast states, which also wanted a summer trial, may have to wait longer to recover money from BP Plc and its drilling partners.
It is unclear how the new timetable will affect strategy, or whether it might spur the federal government to press harder for settlements and help local residents seeking money for cleanup or restoration.Read More...