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Partisan bickering delays oil spill legislation The Associated Press WASHINGTON — Partisan disagreements in the Senate will delay passage of legislation responding to the Gulf oil spill until at least September, when … House Dems face resistance from their own on spill planThe Hill (blog) Sen. Mary Landrieu proposes oil spill liability compromiseNOLA.com Compromise on Oil Spill Liability Starting to Look LikelyGuruFocus.com istockAnalyst.com (press release) –NASDAQ –Bloomberg all 51 news articles »

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Legal bickering begins in Transocean liability case
HOUSTON – Dozens of lawyers gathered in a federal courtroom Tuesday as the owner of the doomed Deepwater Horizon rig asked a judge to limit its liability. Houston-based Transocean claims it is responsible for just .7 million, citing an 1851 law that states the owner of a sunken vessel is liable only for the vessel’s value after an accident. U.S. District Judge Keith Ellison heard arguments …
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