Gulf oil spill claims payments News

Attorneys for BP told a federal appeals court last week that the company should be able to seek restitution of some of the money it paid in economic damage claims to businesses and individuals under a settlement arising from the …

BP Plc won a legal reprieve in its effort to avoid payments to those whose losses were not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing the oil company of extra costs. BP had agreed in 2012 …