2023 Begins With Increased (or Unlimited) Liability for Vessel Owners
The Energy Law
JANUARY 31, 2023
10] While the rule does not specify whether the new limits apply retroactively to oil spills that occur before the effective date, case law indicates that the change will be prospective only. [11] Those limits were last increased in 2018 to $137,659,500 by the Bureau of Ocean Energy Management. [12] 438, 446 (2001). [14]
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