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Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill by Jonathan Ramseur

Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill

Description : The 2010 Deepwater Horizon (DH) incident produced the largest oil spill that has occurred in U.S. waters, releasing more than 200 million gallons into the Gulf of Mexico. BP has estimated the combined oil spill costs will be approx. $41 billion. The DH oil spill raised many issues for policymakers, incl. the ability of the existing oil spill liability and compensation framework to respond to a catastrophic spill. Contents of this report: (1) Intro.; (2) Existing Liability and Compensation Framework: Responsible Party; Liability Limits; Financial Responsibility; The Oil Spill Liability Trust Fund; Compensation or Claims Process; (3) Issues for Policymakers: Liability Limits; Per-Incident Cap; Level of Funding; Claims Process. This is a print on demand report.

Subtitle :

Authors : Jonathan Ramseur

Published Date : 2011-06-01

Publisher : DIANE Publishing

ISBN : 9781437983432

Page : 24 Pages

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Total Download: 98

Filesize: 1 MB

Download PDF : liability-and-compensation-issues-raised-by-the-2010-gulf-oil-spill.pdf

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