Media & Results

Some BP investors can form a class to sue the company over allegations it misled shareholders on how much oil spilled into the Gulf of Mexico in 2010, a federal judge ruled.

Attorneys for BP investors told a federal judge that the British oil company misled the market for years on how safe its deep-water drilling operations were in the lead-up to the 2010 Gulf of Mexico oil spill.

Texas Heart Institute drops its suit; Catholic Healthy ups deal

The Texas Heart Institute will partner with the Catholic hospital chain that bought the St. Luke’s Episcopal Health System, ending a contractual dispute tied up in a Harris County district court since May.

Opposition from county judge spurs nonprofit to head to court

Harris County Judge Ed Emmett said he would not place a 1-cent property tax on the November ballot intended to buoy area preschools, prompting a lawsuit by a local nonprofit that supplied tens of thousands of signatures on a petition asking him to do so.

The Texas Heart Institute, the St. Luke’s Episcopal Health System’s most valuate asset, is asking a Harris County court to declare it a free agent, a potentially huge wrinkle in the pending sale of the system to Catholic Health Initiatives.

Vantage Drilling Co. sued a BP Plc unit over what it claims was a $265.5 million increase in financing costs stemming from the 2010 Gulf of Mexico oil spill.

The Texas Gas Service violated safety rules in handling a gas leak reported in November at a North Austin house where a gas explosion killed a man in January, according to a report released by the Texas Railroad Commission.