Judge Deals a Blow to BP’s Efforts to Dodge Deepwater Horizon Payments

See on Scoop.itFrackInformant

BP has sought to cut down on payments for the 2010 Deepwater Horizon disaster by asking that local businesses prove the link between their economic losses and the oil spill. A federal judge halted BP’s effort to skip payments on Tuesday, ruling that BP cannot reverse its interpretation of the settlement simply because the cost is higher than what the oil giant once estimated.

See on www.nationofchange.org

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