BP and Louisiana Agree to $350 Million Deepwater Horizon Settlement
BP will make Louisiana an accelerated, lump-sum $350 million payment to resolve claims over the 2010 oil spill and settle coastal-damage litigation by local parishes.
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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.