BP oil spill judge approves $7.8B partial settlement of claims
Photo credit: AP | A file photo provided by the U.S. Coast Guard shows fire boat response crews spray water on the blazing remnants of BP's Deepwater Horizon offshore oil rig. (April 21, 2010)
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BP Plc. and the lead lawyers representing victims of the 2010 Gulf of Mexico oil spill won approval of the economic and environmental loss portion of a proposed $7.8 billion partial settlement of claims.
The agreement resolves most private plaintiffs' claims for economic loss and property damage related to the explosion of the Deepwater Horizon oil rig and subsequent spill. It doesn't cover...
