Local governments in Louisiana have begun accepting settlements for their share of a proposed $18.7 billion settlement between BP, Louisiana, four other states and the federal government to mitigate claims stemming from the 2010 Deepwater Horizon oil spill.
The Gretna City Council voted to accept a $3.29 million settlement and the Lafourche Parish Council unanimously approved an $8.1 million settlement.
Louisiana’s total share of the settlement amount could reach $6.8 billion.
U.S. District Judge Carl Barbier set a July 15 deadline for governments to approve the proposed settlements.
The Deepwater Horizon explosion killed 11 oil rig workers and spilled millions of barrels of oil into the Gulf of Mexico.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
