BP asks appeals court to review settlement ruling
BP recently asked the Fifth U.S. Circuit of Appeals to conduct a review of the ruling that required the company to pay a multi-billion dollar settlement to BP oil spill claimants.
BP’s attorneys are contesting U.S. District Judge Carl Barbier’s 2012 ruling, claiming that he approved payment to a “vast number of claimants…without regard to whether the class has been defined to include numerous members with no colorable claims against the defendants”.
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