Pitfalls abound for Gulf oil spill plaintiffs 
Supreme Court ruling, claims law could cut damages
By:
Tags: BP, Exxon, Oil Pollution Act, oil spill litigation, Supreme Court
As coastal businesses and governments brace for the full effects of the massive petroleum spill off the Gulf Coast, the legal landscape for those seeking civil damages from oil company BP may be as slippery as the oil slick itself.
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How can liability caps be increased retroactively? Don’t oil exploration companies reasonably rely on these caps when choosing whether to develop particular sites?