BP Gulf Spill Judge Approves Medical-Benefits Settlement

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BP Plc and the lead lawyers representing victims of the 2010 Gulf of Mexico oil spill won approval of the medical-benefits portion of a proposed $7.8 billion partial settlement of claims.

U.S. District Judge Carl Barbier in New Orleans, who is overseeing litigation over the spill, today granted final approval to the agreement, which provides compensation for claimants’ possible physical injuries related to the spill or the cleanup. He had granted preliminary approval of the accord in May.