Oil Spill by the Oil Rig "Deepwater Horizon"

ELR Citation: 41 ELR 20340
No(s). 2179 (E.D. La. Nov 15, 2011) (Barbier, J.)

A district court held that an oil company may not seek insurance coverage for damages it incurred following the Deepwater Horizon oil spill under the oil rig owner's insurance policies. The underlying insurance policies refer to the drilling contract between the rig owner and the oil company to dete...