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Mississippi Attorney General Fights BP Gulf Spill Settlement

BP Plc’s multibillion-dollar deal to settle private economic damage claims from the 2010 Gulf of Mexico oil spill should let victims who agreed not to sue in exchange for early payments participate in the new settlement, Mississippi Attorney General Jim Hood said in a court filing.

BP should “nullify the illegal, illegally-obtained and unconscionable” releases victims signed with the Gulf Coast Claims Facility, which administered spill-damage claims for BP, Hood said in a filing today in federal court in New Orleans.