Chesapeake Energy Corp. (CHK) and Bank of New York Mellon Corp. are scheduled to face off at trial beginning April 23 over the gas producer’s disputed claim it met a deadline to redeem $1.3 billion in bonds early at par, or 100 cents on the dollar.
A federal judge has scheduled a hearing next month on BP’s request to prevent payments on inflated or fictitious claims under a class-action settlement reached with victims of the 2010 Gulf of Mexico oil spill.
BP wants an injunction to prevent the administrator handling claims under a class-action settlement reached with victims of the 2010 Gulf of Mexico oil spill from paying inflated or fictitious claims that could cost the British oil giant billions of dollars.
Chesapeake Energy Corp. (CHK) still has the option to issue a notice by today to redeem $1.3 billion in bonds early, at par, after a judge ruled it would probably win in court over any demand to pay $400 million in extra interest.
A lawyer for the cement contractor on the Deepwater Horizon drilling project says the company has found cement samples possibly associated with BP’s Macondo well that weren’t turned over to the Justice Department for testing.
A Texas lawyer has resigned from the team of plaintiffs’ attorneys who brokered a multibillion-dollar settlement with BP PLC and are facing the company at trial over the massive 2010 oil spill in the Gulf of Mexico.
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.