Court is urged to OK Transocean's $1B settlement

02/6/2013 | FuelFix.com

A federal court in New Orleans should give final approval to Transocean's $1 billion settlement with the U.S. government over Gulf of Mexico spill-related civil penalties, lawyers for the government said in a court filing. "The proposed decree is fair, reasonable, adequate and consistent with the purposes of the Clean Water Act," according to the filing.

View Full Article in:

FuelFix.com

Published in Brief: