Thursday, November 9, 2023

SC deals setback to La. O&Gs

The U.S. Supreme Court dealt a setback Nov. 7 to oil and gas companies fighting Cameron Parish, La.'s, $7B coastal erosion lawsuit, declining to postpone a trial in the case set to begin Nov. 27. 

The justices denied a bid by BP (BP.L), Shell (SHEL.L) and others for an emergency stay.

The companies had said the delay was needed as they seek to transfer the case to a more neutral venue, claiming that every one of 4,000 potential jurors in the parish has a personal and financial interest in a verdict favorable to the parish. 

The Supreme Court’s denial was issued without further explanation from the justices as is customary. The court did not address a separate request by the companies to review the venue issue directly. (Reuters 11/08/23) US Supreme Court denies Big Oil bid to halt $7 billion coastal erosion trial | Reuters

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