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Reuters: BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, a U.S. judge ruled on Wednesday.
BP originally expected the payout program to cost $7.8 billion, but it has said the final bill, from the uncapped agreement that is handling thousands of claims, could be considerably higher.
The oil major has filed numerous motions to challenge what it says are excessive fees charged by the......
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U.S. judge rejects BP bid to recoup some payments made for spill
Posted by Washington Post: Juliet Eilperin on September 24th, 2014
Posted in Water Conservation