BP Rejected by U.S. Supreme Court on Gulf Spill Payments
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The U.S. Supreme Court refused to review BP Plc’s $9.7 billion settlement over the 2010 Gulf of Mexico oil spill, turning away the company’s argument that hundreds of millions of dollars are going to businesses that weren’t harmed.
The rebuff, which came without comment, lets spill victims continue to collect billions of dollars still owed by the oil company under the settlement.