Judge Extends Indemnification to Halliburton for BP Gulf of Mexico Oil Spill

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When a federal judge on Tuesday found that BP plc owed Halliburton indemnification for any compensatory damages stemming from the Deepwater Horizon oil spill two years ago, the decision was hardly a surprise. The judge had, after all, reached a similar conclusion last week with another Deepwater contractor, Transocean. The question now is whether lawyers for both contractors can prevent a bid by BP and its counsel at Kirkland & Ellis and Covington & Burling to invalidate those indemnification clauses.

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