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BP Loses Renewed Bid to Halt Spill Settlement Payments

BP Plc lost a renewed bid to suspend payments from the court-supervised program administering its settlement of claims tied to the 2010 Gulf of Mexico oil spill.

An investigation of alleged wrongdoing at the Mobile, Alabama, claims assistance center didn’t find “any credible evidence of fraud,” U.S. District Judge Carl Barbier in New Orleans said today.