24 Jun 2010
By now, most people know that after the sinking of British Petroleum’s Deepwater Horizon rig, and the resulting oil spill in the Gulf of Mexico, the Obama administration imposed a six-month moratorium on offshore drilling.
A number of companies that ferry people and supplies and provide other services to offshore rigs challenged the moratorium in the U.S. Federal Court.
On June 21, 2010, Judge Martin Feldman issued a ruling that overturned the moratorium.
It’s since emerged that Judge Feldman has a number of investments in the oil industry, which has lead WSJ Law Blog to ask if he should have stepped aside.