Families of oil workers killed , hurt in Gulf file lawsuits against BP , Transocean . Transocean , which owns Deepwater Horizon , to ##rt a 19th century U.S. statute . The Limitation of Liability Act of 1973 was meant to keep Mr . Read how some lawyers could get a huge payout . Merchant Marine competitive . Some politicians and analysts say the law should either be amended or repealed .
Families of oil workers killed , hurt in Gulf file lawsuits against BP , Transocean . Transocean , which owns Deepwater Horizon , to ##rt a 19th century U.S. statute . The Limitation of Liability Act of 1973 was meant to keep Mr . Merchant Marine competitive . Some politicians and analysts say the law should either be amended or repealed .