Wednesday, July 20, 2011

Judge tosses RICO claims vs BP over oil spill || Reuters

Judge tosses RICO claims vs BP over oil spill | Agricultural Commodities | Reuters: "By Moira Herbst and Jonathan Stempel

NEW YORK, July 15 (Reuters) - BP Plc won two legal victories on Friday, as a federal judge threw out racketeering claims made by the lead plaintiffs suing over last year's Gulf of Mexico oil spill, and also set aside a lawsuit by partner Anadarko Petroleum Corp .

U.S. District Judge Carl Barbier in New Orleans dismissed claims that BP violated a federal anti-racketeering law by defrauding U.S. regulators in connection with the safety of its drilling operations, its ability to respond to any oil spill and its response to the spill"

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