U.S. Supreme Court rejects BP appeal of spill settlement
NEW ORLEANS (AP) — The Supreme Court is leaving in place BP’s multibillion-dollar settlement with lawyers for businesses and residents over the 2010 oil spill in the Gulf of Mexico.
BP PLC wanted the court to consider whether people and businesses seeking payments under the settlement included some who haven’t actually suffered any injury related to the spill.
A district court and an appeals court ruled that, under the settlement BP agreed to, businesses do not have to prove they were directly harmed by the spill to collect money — only that they made less money in the three to eight months after the spill than in a comparable pre-spill period.
BP’s Macondo well blew up on April 20, 2010, killing 11 men. An estimated 103 million to 176 million gallons of oil spewed into the Gulf of Mexico before the mile-deep well was capped July 15, 2010. Lawyers for BP and the government agree that 34 million gallons was captured before it could pollute coastal marshes and fishing grounds.
The settlement doesn’t have a cap, but BP initially estimated that it would pay roughly $7.8 billion to resolve the claims. The company said it can no longer give a reliable estimate for total cost. The company, which made separate settlements for medical claims and seafood-related business claims, has paid more than $13 billion in claims by individuals, businesses and government entities and another $14 billion-plus on response and cleanup, according to its oil spill website.
DMBA to hold Jingle Mingle Holiday Party
Retirement party for Judges Borman and Ziolkowski on Dec. 12
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