BP Settlement Payments


BP is renewing its request to block some oil spill settlement payments.

If a federal appeals court grants the request, it would permanently block payments to businesses that can't trace their losses directly to the 2010 gulf oil spill.

Last week, presiding judge Carl Barbier ruled the oil company's settlement was designed to avoid delays that would result from a claim-by-claim analysis.

BP says that ruling will result in unjustified costs against the company.


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