Tag Archives: Transocean
Court extends indemnity in the BP-Transocean Drilling Contract to include Transocean’s “gross negligence,” but excludes indemnity for civil penalties and punitive damages.
On January 26, 2012, the Court entered its finding(s) 1) That BP is required to indemnify Transocean for compensatory damages asserted by third parties against Transocean related to pollution that did not originate on or above the surface of the … Continue reading
Posted in Blog
Tagged BP, BP-Transocean Drilling Contract, civl penalties, compensatory damages, CWA, indemity, Maritime, punitive damages, Transocean
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