Oil Spill MDL Judge Orders BP To Pay $128M To Fund Claims Budget

Oil Spill MDL Judge Orders BP To Pay $128M To Fund Claims Budget

NEW ORLEANS - The federal judge in Louisiana presiding over litigation arising from the explosion of the Deepwater Horizon and ensuing oil spill in the Gulf of Mexico on Aug. 7 ordered BP Exploration and Production Inc. to pay $128,654,584 to fund the third-quarter budget of the Court Supervised Settlement Program (CSSP), finding that the company's refusal was unreasonable (In re: Oil Spill by the Oil Rig "Deepwater Horizon" in the Gulf of Mexico, on April 20, 2010, MDL No. 2179, Case no. 10-md-2179, E.D. La.).

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