Amplify Energy reaches tentative settlement deal in Huntington Beach oil spill lawsuits [Daily Pilot, Costa Mesa, Calif.]
Aug. 25—The Texas company that operates the oil pipeline that sent at least 25, 000 gallons of crude gushing into the waters off
The chief executive of
The company 's insurance policy would cover the cost of the payouts, Amplify Energy said.
The deal would resolve civil lawsuits filed in federal court by property owners, business owners and residents who said they suffered financial effects from the October spill. Those plaintiffs include
Attorneys representing the plaintiffs said in a statement Thursday that the details of the agreement, which resulted from "extensive negotiations " between the parties, will be presented to the court for approval. They did not disclose the terms of the settlement to The
The attorneys,
They added that "all rights to continue pursuing claims against the ship related entities are expressly reserved."
In an interview with The
The steps for injunctive relief Amplify will take have not been disclosed. However, the agreement will likely result in Amplify agreeing to certain procedures to ensure a similar spill doesn 't happen again, Aitken said.
Willsher said Amplify plans to "vigorously " pursue legal claims against the shipping companies that own and operate the two container ships.
The
Amplify has accused two shipping firms and their subsidiaries — based in
Driven by 60- mph winds and 17- foot waves, the MSC Danit and the Cosco Beijing container ships dragged their anchors "into areas where federal law prohibits anchoring, " Amplify 's lawyers said in a February complaint against the shipping companies.
Amplify is seeking punitive damages, as well as reimbursement for legal fees, costs to repair and replace the ruptured portions of the pipeline, and revenue lost while the pipeline has been out of service.
Willsher said Amplify is also still pursuing its lawsuit against the Marine Exchange of
Amplify has pushed to require the Marine Exchange to notify owners of undersea property of any potential anchor drags within 24 hours.
In late July, the
In exchange for agreeing not to sue the oil company, the county accepted a
Supervisor
"We might have claims that might not materialize for years to come, " Do said at the time. He wished, he said, that the county would "take our time."
Other entities, including the
The
"It was devastating for businesses. It was devastating for folks who came out for the air show. It was devastating for the environment, "
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