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Texas Tribune Daily Brief
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| Anadarko's $5.15B Cleanup Deal Approved by U.S. Court |  | Anadarko Petroleum Corp's agreement to pay $5.15 billion to clean up nuclear fuel and other pollution received approval from a federal judge on Monday, the final hurdle for the settlement touted by the U.S. Department of Justice as the largest-ever environmental cleanup recovery. The agreement, reached in April, resolved a lawsuit against Anadarko and its Kerr-McGee unit from creditors of Tronox Inc, the paint materials maker that was once a unit of Kerr-McGee.
Nick Brown, Reuters 11/11/2014    | | Read Article: Reuters |
| Judge Rejects BP's Bid to Oust Oil Spill Claims Administrator | | U.S. District Judge Carl Barbier has blocked BP's bid to oust oil spill claims administrator Patrick Juneau, saying the effort is "untimely" and a "regurgitation of old issues or complaints" now two years after the approval of the settlement deal. BP had accused Juneau of failing to disclose a previous role representing the state of Louisiana in talks setting up the claims process. Barbier ruled records showed BP knew about Juneau's prior work.
ELIOT KAMENITZ, New Orleans Times-Picayune 11/11/2014 | | Read Article: New Orleans Times-Picayune |
| Takata Accused in Suit of Burying Bad Air Bag Test Result | | A suit filed in Los Angeles federal court says Takata discovered the flaw in tests about a decade ago and then destroyed records of the study. Most of the recalled vehicles were built by Honda Motor Co., which was also named as a defendant in the Nov. 7 class-action complaint filed by eight consumers. Air bags made by Tokyo-based Takata have been tied to at least four deaths after the safety devices deployed with too much force, spraying metal shrapnel at occupants. Honda alone has recalled 6 million vehicles globally since 2008 because of the flaw. Takata tested its air bags after a Honda driver was 'severely' injured in Alabama in 2004, according to the complaint.
Andrew Harris , Bloomberg Business Week 11/11/2014 | | Read Article: Bloomberg Business Week |
| Six New Death, Injury Claims Approved by GM Switch Fund | | A program to compensate the victims of a faulty ignition switch in General Motors Co vehicles found last week that the part was linked to two additional deaths and four injuries, bringing the total number of eligible claims to 67, according to a report on Monday. As of Friday, the program, which began accepting claims on Aug. 1, had received 1,851 claims for deaths and serious injuries linked to the switch, a 4 percent increase from the previous week. The totals were reported by the office of Kenneth Feinberg, a lawyer who was tapped by GM to oversee the program.
JESSICA DYE, Reuters 11/11/2014 | | Read Article: Reuters |
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