Court Hears Arguments on BP Oil Spill Settlement

Court Hears Arguments on BP Oil Spill Settlement

Posted: Updated:
NEW ORLEANS - A federal appeals court has heard dueling arguments on whether a judge should have approved BP's multibillion-dollar settlement for compensating victims of its 2010 oil spill in the Gulf of Mexico. 

During Monday's hearing, a BP attorney said the deal it reached last year with a team of private plaintiffs' attorneys "became something else" after U.S. District Judge Carl Barbier upheld a court-appointed claims administrator's interpretation of terms governing payouts to businesses.

Plaintiffs' attorneys asked a three-judge panel of the 5th U.S. Circuit Court of Appeals to uphold Barbier's approval of the settlement. BP, however, argues Barbier's approval shouldn't be upheld unless the company ultimately prevails in its dispute over payments to businesses.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow

555 Broadcast Dr,
Mobile AL 36606

Telephone: 251.479.5555
Fax: 251.473.8130

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.