June 2010

   Lloyd’s, along with other excess insurers, recently filed suit against BP, seeking a declaration that there is no obligation to cover BP as an additional insured in policies issued to Transocean Ltd.  Certain Underwriters at Lloyd’s London v. BP P.L.C., No. 4:10-cv-01823 (S.D. Tex. filed May 21, 2010) (See Complaint).

   Transocean owns the