From: Think Progress
The Supreme Court rejected BP’s attempt at appealing its own settlement with businesses and individuals that lost money due to the massive 2010 Gulf of Mexico oil spill. The court’s refusal to hear the appeal means BP will have to make payments to those that it argues cannot tie their losses to the explosion of the Deepwater Horizon platform and drilling rig, which killed 11 people and spilled an estimated 4.9 million barrels of oil into the Gulf. The Supreme Court justices did not comment on the case in their refusal to hear it.
According to Tom Young, a Florida attorney who filed an amicus brief with the Supreme Court opposing BP’s appeal, business owners and individuals that experienced a loss of profit or earnings tied to the incident now have six months to file for compensation.
“One would be hard pressed to identify too many Gulf area businesses that did not endure some loss, small or large, that related in some way to the disaster,” writesYoung. “A loss is a loss and BP has agreed to compensate all those so affected. With today’s decision, the Supreme Court has confirmed this arrangement.”
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