U.S. Supreme Court rejects BP challenge to Gulf spill settlement

The Secular Jurist

(Reuters) – The U.S. Supreme Court on Monday rejected BP’s challenge to its multibillion-dollar settlement agreement over the 2010 Gulf of Mexico oil spill, which the oil giant complained has allowed payouts to some businesses that are unable to trace their losses to the disaster.

The court’s decision not to hear the London-based company’s appeal is the latest setback for BP, which is trying to limit payments over a disaster that killed 11 people and triggered the largest U.S. offshore oil spill.

http://www.reuters.com/article/2014/12/08/us-usa-court-bp-idUSKBN0JM1KR20141208

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