BP seeks rehearing in oil spill settlement dispute
NEW ORLEANS - BP has asked the full 5th U.S. Circuit Court of Appeals to review a ruling that upheld a judge's approval of a multibillion-dollar settlement for compensating victims of the company's 2010 oil spill in the Gulf of Mexico.
In a court filing Tuesday, BP argues that a divided three-judge panel from the 5th Circuit erred earlier this month when it affirmed U.S. District Judge Carl Barbier's December 2012 approval of the company's settlement with a team of private plaintiffs' lawyers.
BP argues that the panel's majority decision will force the company to pay hundreds of millions of dollars to businesses that weren't harmed by the massive spill.
Plaintiffs' lawyers have said BP simply undervalued the settlement and underestimated how many claimants would be eligible for payments.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Donations sought to upgrade police ballistic vests
BRAF's First Responders Fund has netted $200k+ in donations
Eight-year-old boy makes $20K donation to first responders fund
Overtime in the millions following violent protests in Baton Rouge
City employee accused of stealing $15,000 from parking meters