Gulf Coast chambers right to fight BP's attempt to erode settlement: Editorial | NOLA.com:
by the Editorial Board// The Times Picayune
"The oil that gushed into the Gulf of Mexico from BP's broken well for 87 days in 2010 did enormous damage to coastal businesses and residents. The chambers of commerce in the region understand that well, as do thousands of business owners in the communities they represent.
Unfortunately, the U.S. Chamber of Commerce is clueless.
The national chamber filed a brief with the U.S. Supreme Court siding with BP, which is trying to renege on the terms in a 2012 court settlement for economic damages from the spill. The company is unhappy that claimants are not required to show a direct link to the spill for their losses.
In response, the New Orleans, St. Bernard Parish and River Region chambers of commerce and four chambers in Alabama and Florida filed their own brief with the high court Oct. 6.
The Gulf Coast chambers pointed out that the settlement terms were "written in plain English" and vetted by BP and its lawyers. "The contract entered into by the most savvy of operators with eyes open, should be enforced as written and agreed to by the parties," the chambers said.
They are absolutely right.".....
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