U.S. Court Rejects BP Appeal Over Oil Spill Losses - Presented by: The Aol. On Network

A divided U.S. appeals court rejected BP's appeal of a ruling that allowed businesses to recover money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster. Circuit Court of Appeals in New Orleans upheld a December 24 ruling by U.S. District Judge Carl Barbier in New Orleans. It also said an injunction preventing payments on so-called business economic loss claims should be lifted.



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