A US judge has decided integrated oil company BP won't face claims for damages over the 2010 Gulf of Mexico oil spill brought by recreational users, company-branded gas station owners and businesses alleging loss of reputation.
US District Judge Carl Barbier removed these categories of claims from more than 500 lawsuits.
An estimated $7.8bn settlement between BP and lawyers, intended to compensate claims for economic damage, did not include these claims and will be unaffected by the ruling.
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What Disney tells us about how we draw investment conclusions -
High pension fees could take £70k from your retirement pot – time to check what you’re payingEight out of 10 savers have no idea what fees they are paying to their pension provider to manage their retirement fund, and these charges can vary wildly.
