Caps Liability News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Account? >> reporter: that's a very interesting legal question that i was just talking about with a senior official. a couple things to note here. first of all, right now they don't need the legal power because bp is essentially agreeing to this in theory. they're at negotiations. it's not at the point where they're in court having to press the claims. if it got there there would be a real question. for one thing you have a law on the books right now. the oil pollution act of 1990 which caps liability at $75 million. what's interesting here is bp is not fighting efforts in congress to lift tha...

Legal question, one i was just talking about with a senior official right now. a couple of things to note here. first of all, right now they don't need the legal power because bp is essentially agreeing to this in theory. they're in negotiations. it's not at the point where they're in court and having to press these claims. if it got there then i think there would be a real question. for one thing you have a law on the books right now. the oil pollution act of 1990 which caps liability at $199. what is interesting here is they will not lift that cap. essentially bp is overall a barrel and it k...

This oil from coming ashore? >> reporter: jane, they're trying a new technique, on the mobil base of the island, they're using wire mesh barriers and filling those barriers with this special chemical solution that allows sea water to pass through but absorbs oil and when it absorbs oil it turns into a solid that's easily scooped out and you can put more chemical side. on the gulf side of the island, they're worried about heavy waves that have already damaged some of the boom barriers that they had placed there. and so instead, they've brought in heavy equipment to make 4-foot high sand berms. ...

Juliet: welcome back. the man in custody for an attempted times square terror plot a-- awaiting a court hears. faisal shahzhad was head to go pakistan, he was pulled off a plane moments before takeoff. shahzhad will face a judge today. he says he acted alone. we're going to find out if that's true. we have a live report from washington. bill: before it is over, it might be the largest environmental disaster in u.s. history. that's from florida senator bill nelson. he's calling for a federal investigation into the oil rig disaster and he's pushing for a bill that would raise the amount of money...