Aquadrill US Gulf LLC et al v. BP Exploration & Production, Inc.
Case Number:
1:21-cv-08156
Court:
Nature of Suit:
Judge:
Firms
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November 15, 2021
BP Wins Drilling Cos.' Arbitral Award Case Over Tax Law
A New York federal judge has granted a BP PLC unit's bid to confirm an arbitral award that dismissed claims by three companies affiliated with deep-water drilling contractor Seadrill seeking compensation after a new U.S. tax law increased their costs by more than $55 million.
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October 04, 2021
BP Drilling Rig Provider Looks To Nix Award Over Tax Law
A trio of companies affiliated with deep-water drilling contractor Seadrill are urging a judge in New York to vacate an arbitral award rejecting their claims against BP for compensation after a new U.S. tax law increased their costs by more than $55 million, saying their contract clearly puts the energy behemoth on the hook.