BP settlement over Deepwater Horizon oil spill approved by federal judge

Posted by Washington Post: Juliet Eilperin on December 22nd, 2012
Associated Press: A federal judge gave final approval to BP's settlement with businesses and individuals who lost money because of the 2010 oil spill in the Gulf of Mexico. BP PLC has estimated it will pay $7.8bn to resolve economic and medical claims from more than 100,000 businesses and individuals hurt by the nation's worst offshore oil spill. The settlement has no cap; the company could end up paying more or less. US district judge Carl Barbier, who gave his preliminary approval in May, made it final on......

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