BP’s $18.7 Billion Oil-Spill Deal Still Leaves Lesser Messes
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BP Plc’s record $18.7 billion settlement ended government claims over the 2010 Gulf of Mexico oil spill, leaving numerous smaller private lawsuits to be mopped up.
While investors, residents and businesses that didn’t join a 2012 settlement still demand billions, BP’s biggest threats are gone, said Anthony Sabino, a law professor at St. John’s University in New York who specializes in complex litigation.