Deepwater Horizon

ELR Citation: 43 ELR 20058
No(s). 12-30230 (5th Cir. Mar 1, 2013)

The Fifth Circuit held that Transocean's primary and excess-liability insurers must cover BP's pollution-related liabilities deriving from April 2010 oil spill in the Gulf of Mexico. Under Texas law, the umbrella insurance policy—not the indemnity provisions of Transocean's and BP's contract—con...