Tuesday, February 5, 2013

US Judge OKs Settlement in BP Class Action Suit | Essentials

US Judge OKs Settlement in BP Class Action Suit

Portrait of Confederate officer A. Livingston (?): Madison, Florida
Portrait of Confederate officer A. Livingston (?): Madison, Florida by State Library and Archives of Florida
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Excerpt:

BP approximates it will pay $ 7. 8 billion to fix more than 100,000 cases by businesses and individuals. U.S. District Judge Carl Barbier authorized the settlement in a 125-page ruling Friday. He composed that the settlement is reasonable, sensible and ample -- and no objection has proved otherwise. Barbier has not ruled on a medical settlement for cleanup workers and others who state exposure to oil or dispersants made them ill -- just on economic and property damage settlements. The settlement covers individuals and businesses in Louisiana, Mississippi, Alabama and some coastal counties in eastern Texas and western Florida.

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