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Businesses won't have to return BP spill payouts E-mail
News - St Augustine Area & St Johns County
NEW ORLEANS — BP wants its money back — hundreds of millions of dollars of it — but a federal judge said Wednesday that the oil giant must keep its promises to the companies it compensated for losses they blamed on the 2010 Gulf oil spill. BP argued that a flawed funding formula enabled many businesses to overestimate spill-related claims, and some “weren’t warranted at all.” read more

Read entire article: Businesses won't have to return BP spill payouts

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