BP wins appeal of spill claims ruling
BP won an appeal over compensation claims for its 2010 oil spill in the Gulf of Mexico after arguing that a judge’s interpretation could force the company to pay billions in bogus or inflated claims by businesses in the area.
The Court of Appeals for the 5th Circuit overturned the ruling of US District Judge Carl Barbier on the dispute between BP and attorneys who brokered the settlement in 2012. The court instructed Judhe Barbier to craft a “narrowly-tailored injunction that allows the time necessary for deliberate reconsideration of these significant issues.”
BP had argued that Judge Barbier and a court-appointed claims administrator misinterpreted terms of the settlement.