A New Orleans pension fund has asked a federal appeals court to reinstate a consolidated shareholder action against BP PLC's officers and directors. A trial judge had thrown out the case on the ground that it should have been filed in the United Kingdom. U.S. District Judge Keith Ellison in Houston, who is overseeing all the securities litigation filed over the 2010 Deepwater Horizon oil spill, had dismissed the case on Sept. 15.
Font Size: 
Plaintiffs Struggle to Keep BP Derivative Action Alive
The National Law Journal
August 6, 2012
This content is now available at LexisNexis®.
The ALM® and LexisNexis® Content Alliance
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM’s legal news publications. LexisNexis® customers will be able to access and use ALM’s content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM’s other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM’s content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
If you are not currently a LexisNexis subscriber, contact 1-800-227-4908 to find out more or click here to have a customer representative contact you directly.
