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USA: BP seeks rehearing in oil spill settlement dispute

BP on Tuesday asked an appeals court to review a ruling upholding a multibillion-dollar settlement to compensate victims of the company’s 2010 oil spill in the Gulf of Mexico...BP argued that the...decision will force the company to pay hundreds of millions of dollars to businesses that weren’t harmed by the massive spill...BP has argued that [Judge] Barbier and [the] court-appointed claims administrator...have misinterpreted settlement terms in ways that would force the company to pay for billions of dollars in inflated or bogus claims by businesses...Last month, Barbier rejected BP’s argument that the settlement shouldn’t compensate businesses if they can’t directly trace their losses to the spill.

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