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BP Reaches $7.8bn Oil Spill Settlement with Businesses, Individuals

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BP announced that it has reached a $7.8 billion settlement proposal with the individual and business plaintiffs represented by the Plaintiffs’ Steering Committee (PSC), to resolve economic loss and medical claims stemming from the Deepwater Horizon accident and oil spill. The company said that it expects to pay the PSC medical and economic claims – including […]

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