NEW ORLEANS (AP) — A federal appeals court is hearing BP’s bid to challenge what could be billions of dollars in settlement payouts to businesses claiming they lost money after the company’s 2010 oil spill in the Gulf of Mexico.
Lawyers for BP and Gulf Coast businesses and residents began arguments Monday before a three-judge panel of the 5th U.S. Circuit Court of Appeals.
BP wants the panel to overturn a federal judge’s ruling that upheld a court-appointed claims administrator’s interpretation of the settlement
BP claims the administrator has allowed thousands of businesses to secure hundreds of millions of dollars in payments for inflated and fictitious losses.
Plaintiffs’ lawyers counter that BP underestimated how many claimants would qualify for payments.
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The Mississippi Free Press produced this story through the MFP Solutions Lab, supported by the Solutions Journalism Network. This series digs into Mississippi’s systemic issues and sheds light on responses to them in other communities. Beyond just reporting on problems, these stories interrogate their causes and inspect potential solutions.
