BP Oil Spill Trial Delayed by Over a Month

Oct. 26, 2012 12:40PM PST

Bloomberg reported that the trial regarding BP plc’s (LSE:BP,NYSE:BP) liability for the 2010 Gulf of Mexico oil spill has been moved from January 14 to February 25.

As quoted in the market news:

The Super Bowl, the National Football League’s title game, is set for Feb. 3, and the last day of Mardi Gras, the pre- Lenten festival, is Feb. 12. The trial, originally set for Jan. 14, will be delayed six weeks because lawyers involved have been told they’ll be “kicked out” of their hotel rooms, U.S. District Judge Carl Barbier said at a hearing today.
“It makes no sense to try and start the trial Jan. 14 then suspend it,” Barbier said. “We don’t want to ruin everybody’s holidays.”

Click here to read the full Bloomberg report.