La. Parish Reaches $45M Deal With BP Over Deepwater Spill

Law360, Los Angeles (May 9, 2017, 9:49 PM EDT) -- A Louisiana parish has reached a $45 million settlement with BP regarding the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, according to an announcement Tuesday by the parish president, who will hold a Wednesday morning press conference to discuss further details.

Plaquemines Parish President Amos Cormier revealed the settlement in a Twitter posting on Tuesday. The settlement comes roughly a year after a Louisiana federal judge approved BP's agreement to pay more than $20 billion to settle federal and state claims stemming from the Deepwater Horizon oil rig explosion that sullied Gulf waters and caused severe economic and...

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