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BP appeal to stop 'fictitious' U.S. oil spill claims fails

(Reuters) - One of BP's attempts to curb payouts for what it says are "fictitious" and "absurd" claims related to the 2010 Gulf of Mexico oil spill has failed after a legal appeal was rejected by a U.S. court. BP had argued in its appeal that the administration of a 2012 settlement agreement was faulty because it allowed claimants without actual damages to join in.

Appeals court upholds multibillion-dollar BP settlement with Gulf Coast residents, businesses

NEW ORLEANS - Over BP's objections, a federal appeals court on Friday upheld a judge's approval of the company's multibillion-dollar settlement with lawyers for businesses and residents who claim the massive 2010 oil spill in the Gulf of Mexico cost them money. BP has argued that U.S. District Judge Carl Barbier and court-appointed claims administrator Patrick Juneau have misinterpreted settlement terms in ways that would force the London-based oil giant to pay for billions of dollars in inflated or bogus claims by businesses.

US court upholds BP settlement for Gulf oil spill

A US federal appeals court upheld Friday a multibillion-dollar settlement between BP and the coastal residents and businesses hit by the company's massive Gulf of Mexico oil spill in 2010. The British energy giant reached a $7.8 billion settlement in 2012 with thousands of claimants struck by the worst environmental disaster in US history. But it had been challenging the way Patrick Juneau, a court-appointed administrator of claims, calculates companies' compensation for lost profits.

U.S. appeals court affirms BP settlement in 2010 Gulf oil spill

(Reuters) - A panel of the 5th U.S. Circuit Court of Appeals on Friday affirmed a federal judge's approval of a multi-billion dollar settlement between BP Plc and businesses and individuals who lost money and property in the 2010 Gulf of Mexico oil spill. BP had supported the settlement agreement leading up to the December 2012 ruling by U.S. District Court Judge Carl Barbier approving it. But the company has since argued the administration of the settlement is faulty because it allows claimants without actual damages to join in.

US court upholds BP settlement for Gulf oil spill

A US federal appeals court upheld Friday a multibillion-dollar settlement between BP and coastal residents and businesses hit by the company's massive Gulf of Mexico oil spill in 2010. The British energy giant reached a $7.8 billion settlement in 2012 with thousands of claimants hit by the worst environmental disaster in US history. But it had been challenging the way Patrick Juneau, a court-appointed administrator of claims, calculates companies' compensation for lost profits.

Louisiana attorney general accuses federal judge of ignoring state's claims over BP oil spill

NEW ORLEANS - Louisiana Attorney General James "Buddy" Caldwell has accused a federal judge of ignoring the state's claims over BP's 2010 Gulf oil spill and asked an appeals court to intervene. In a court filing this week, Caldwell's office asked the 5th U.S. Circuit Court of Appeals to transfer its spill-related claims from U.S. District Judge Carl Barbier to a different judge in the Eastern District of Louisiana.

Court rejects BP bid to require proof of Gulf oil spill losses

By Jonathan Stempel (Reuters) - BP Plc has failed to persuade a federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster. U.S. District Judge Carl Barbier in New Orleans said the British oil company would have to live with its earlier interpretation of a settlement agreement over the spill, in which certain businesses could be presumed to have suffered harm if their losses reflected certain patterns.

US judge rejects BP bid for extra proof in oil spill claims

A US federal judge has rejected a bid from BP to require companies prove their losses are directly linked to the 2010 massive Gulf of Mexico oil spill before getting a payout. The British energy giant last year reached a $7.8 billion settlement with thousands of people and businesses hit by the worst environmental disaster in US history. But it has been challenging the way Patrick Juneau, a court-appointed administrator of claims, calculates companies' compensation for lost profits.

Federal judge rules against BP in dispute over terms of Gulf oil spill settlement

NEW ORLEANS - A federal judge has rejected BP's argument that a multibillion-dollar settlement over the company's massive 2010 Gulf oil spill shouldn't compensate businesses if they can't directly trace their losses to the spill. U.S. District Judge Carl Barbier said in Tuesday's ruling that the settlement was designed to avoid the delays that would result from a "claim-by claim analysis" of whether each claim can be traced to the spill.

BP engineer guilty of obstructing oil spill investigation

A drilling engineer for British oil giant BP was found guilty Wednesday of destroying text messages in his smartphone, obstructing the investigation into the 2010 Gulf of Mexico oil spill. "Today a jury in New Orleans found that Kurt Mix purposefully obstructed the efforts of law enforcement during the investigation of the largest environmental disaster in US history," acting Assistant Attorney General Mythili Raman in a statement.
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