$18.7 billion BP settlement News

BP Plc must face institutional investors’ claims for more than $2.5 billion in market losses caused by the plunge in share prices after the 2010 Gulf of Mexico oil spill, a federal appeals court ruled. The U.S. Court of Appeals …

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 …