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September 26, 2014

Judge says firms can keep BP spill payouts

  • BP argued that a flawed funding formula enabled nearly 800 businesses to overestimate their claims, but the judge said a deal is a deal.
    • By JANET MCCONNAUGHEY
    Associated Press

    NEW ORLEANS — A federal judge has ruled that BP must stand by the agreement made with the companies it compensated for losses after the 2010 Gulf oil spill despite the oil giant saying some claims were overestimated.

    BP argued that a flawed funding formula enabled nearly 800 businesses to overestimate their spill-related claims.


     
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