BP, Louisiana Agree to Resolve Deepwater Horizon Disputes
The agreement includes a single early payment of about $350 million and settlement of remaining coastal zone lawsuits tied to the 2010 oil spill.
BP and the US state of Louisiana agreed on Friday to settle two longstanding disputes related to the 2010 Deepwater Horizon oil spill. The agreement includes a one-time early payment of about $350 million and resolves the remaining coastal zone lawsuits involving the company.