Company's lawsuit for money in oil leak response dismissed
NEW ORLEANS (AP) - A 2016 lawsuit by the New Orleans-based company that has failed to end the longest-running oil spill in U.S. history has been dismissed by a federal judge.
WWL-TV reports that Taylor Energy Co.'s suit against the federal government was thrown out Tuesday. The judge in Washington, D.C., decided that the Interior Department has the right to keep $432 million remaining in a trust established to pay for leak response work in the Gulf of Mexico.
The judge concluded the government can use the money to determine if more can be done, or even to change its assessment of the risk.
Taylor had sued to recover the money left in the $666 million trust. A company statement says it's reviewing the ruling and will consider all options going forward.
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