${site.data.firmName}${SEMFirmNameAlt}Veron, Bice, Palermo
& Wilson, LLC Land & Soil Contamination : Vehicle Collisions : Personal Injury

Deepwater Horizon Owner Transocean Seeks Liability Limit

Transocean, owner of the Deepwater Horizon rig that exploded and sank killing 11 and creating a growing oil spill, today filed a request in Houston federal court to limit its liability in the lawsuits filed against it to about $27 million. U.S. District Judge Keith Ellison was assigned the case. 

The Limitation of Liability Act is a maritime law that allows a vessel owner to limit liability to the value of the vessel and its freight. The law dates back to the mid 1800s when it was passed to protect U.S. vessel owners, eliminating some risk in crisis situations and aiding competition with foreign ships.


Transocean's attempt to limit its liability will likely fail. To win, Transocean has to prove that management on shore had no knowledge of the circumstances that caused the explosion.  Congressional testimony has indicated Transocean and BP knew about abnormal pressure tests before the explosion.




No Comments

Leave a comment
Comment Information
Awards & Recognition
Super Lawyers
Best Lawyers
Best Law Firms
10 Best Client Satisfaction
Louisiana Alliance
Bar Register
Multi Million Dollars
American Institute
American Jurist Institute TOP 10 Attorneys
TOP 100 Attorneys American Jurist Institute 2017

Need Help? Schedule A Free Consultation

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Our Office Location

721 Kirby Street
Lake Charles, LA 70601

Phone: 337-513-4436
Fax: 337-310-1601
Lake Charles Law Office Map

Phone Numbers

Email us