BP Asks 5th Circ. To OK Deepwater Settlement Calculations

By Jenna Ebersole (September 24, 2015, 8:23 PM EDT) -- BP asked the Fifth Circuit on Wednesday to affirm a so-called accrual-style framework when calculating the settlement it will pay a class of Gulf Coast businesses harmed by 2010's Deepwater Horizon disaster, claiming that the court had previously suggested the formula to determine the businesses' lost profits....

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