Arnold & Itkin Maritime Attorneys Welcome BP Waiver Of Damages Cap For Some Oil Spill Claims
Texas maritime attorneys at the Houston law firm Arnold & Itkin LLP were pleased to learn of BP’s recent announcement that it is waiving a $75 million cap on liability for some claims resulting from the Gulf of Mexico oil spill.
According to its attorneys, BP always intended to pay legitimate economic damage claims, even in some cases where the damages exceed the statutory limitation on liability as established by the 1990 Oil Pollution Act, according to Associated Press reports.
“This filing puts the company on record and clears up some ambiguity concerning BP’s intentions regarding the cap and its liability for the disastrous situation resulting from the oil spill in the Gulf,” said Jason Itkin, a partner in Arnold & Itkin LLP.
Tony Hayward, former BP chief executive officer, said previously that the cap would not stop the company from paying legitimate claims resulting from the disastrous oil spill.
“This tragedy should be a lesson for energy companies,” said Arnold & Itkin lawyer Kurt Arnold. “Drilling in deepwater is dangerous work, and preventing offshore oil rig accidents and protecting platform workers should be the first priority of everyone involved in the process.”
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For a free consultation, contact a maritime lawyer at Arnold & Itkin LLP by calling toll free (866) 222-2606.
