BP Wants Spill Settlement Rejected, Victims Claim
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Victims appealing BP Plc’s $9.6 billion settlement of most economic-damage claims from the 2010 Gulf of Mexico spill said the company also wants approval of the agreement reversed.
The victims’ lawyers said in a filing in the U.S. Court of Appeals in New Orleans that BP agreed with them that the accord didn’t meet the legal requirements for class action, or group, settlements. BP contends that the initial approval by a lower court has been “undermined” by the claims administrator’s interpretation of the settlement, the victims said.