Lake Eugenie Land & Development, Inc. v. BP Exploration & Production, Inc.

JAMES L. DENNIS, Circuit Judge:

Woodbridge Baric Pre-Settlement Funding, L.L.C. (Woodbridge Baric), appeals the district court’s order that it pay $20,000 in restitution to the Deepwater Horizon Court-Supervised Settlement Program. In 2012 Woodbridge Baric loaned Jarrod Burrle $24,000. Woodbridge Baric and Burrle agreed that Burrle would not be required to repay the loan if his economic loss claims in connection with the Deepwater Horizon oil spill fail unless he had misrepresented his claim to Wood-bridge Baric, in which case Burrle agreed to indemnify Woodbridge Baric and hold it harmless.…