BP Gulf Spill Victims Challenge Economic-Loss Settlement
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BP Plc’s $8.2 billion settlement of most private economic-damage claims from the 2010 Gulf of Mexico oil spill is unfair and should be rejected, victims opposed to the deal told a federal appeals court.
The agreement inconsistently compensates victims with the same types of economic injuries, a group of opponents said today in a filing in the U.S. Court of Appeals in New Orleans. Other victims groups have said court deadlines forced them to decide whether to take the deal before they knew what they would get.