Thursday, December 11, 2014

BP loses appeal to reduce compensation by the spill in the Gulf of Mexico

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Following the oil spill in the Gulf of Mexico in 2010, BP admitted an appeal in the Supreme Court of the United States to reduce the amount of consequential damages. However, the supreme organ of Justice made known this Monday the final verdict and ruled that the oil company will have to pay the compensation stipulated in the multi-million dollar agreement 2012.



The 2010 spill killed 11 people and was the largest maritime oil spill in history of the United States. Since then, the oil company paid compensation already amounting to €1,87 billion. The agreement with American Justice assumes a total compensation of €3,45 billion. Additionally, the company had to pay €3,66 billion in fines, writes the Inhabitat.

According to BP, the agreement was interpreted incorrectly by the administrator appointed by the Court, which resulted in the payment of any compensation to companies that failed to prove that their losses were caused by the stroke. Indicates that oil company paid € 366,000 a hotel which closed due to a fire that had no relationship with the stroke and € a 539,000 kindergarten which closed before the oil disaster.

However, the Supreme Court turned down the request by the company to reduce the value of any compensation and sentenced that BP will have to pay the amount agreed in 2012. BP has set aside € 35 billion to pay claims and fines resulting from the Deepwater Horizon platform spill.

"On behalf of all our stakeholders, we will continue to defend the investigation of suspicious orders or implausible and combat fraud," says oil spokesman, Geoff Morrell. In total, BP estimates pay €7,9 billion in compensation to businesses harmed by the spill, but false compensation claims may increase the value.

Foto: EPI2oh/Creative Commons

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