Member Center

National News

Judge to Hold Fairness Hearing in BP Settlement

Posted: Nov 8, 2012 7:38 AM

NEW ORLEANS (AP) - A federal judge in New Orleans is set to hold a hearing on whether a proposed class-action deal is a fair settlement for economic damage claims from the BP oil spill,

During today's hearing, the London-based oil giant and a team of private plaintiffs' attorneys will urge U.S. District Judge Carl Barbier to give his final approval to the agreement. The judge also will hear from other plaintiffs' attorneys who object to portions of the deal.

The settlement does not set a cap, but BP PLC estimates it will pay $7.8 billion to resolve claims spawned by the 2010 oil spill in the Gulf of Mexico.

The agreement doesn't resolve claims by the federal government and Gulf states.

Comments

Submit News

Do you have a tip, information about a breaking news story, or a story idea for 6 Investigates? Contact the KRIS 6 News Desk at 361-884-6666 or send us an email.

KRISTV.COM is Social!

Click the icons above to receive News, Weather, and Sports alerts from KRISTV.COM!

Inside KRISTV.COM

	Photo Central Look at photos and videos and share them!
	Desktop Weather Current forecast, hurricane info, and much more!
	KRISTV.COM Mobile Website Get KRISTV.com on your mobile or PDA!
	KRISTV.COM Mobile Apps Get our mobile apps on your mobile or PDA!
	Texas Lottery See the latest winning numbers!
	6 News Team Read about your favorite KRIS-TV personalities!
	FCC Online Public File FCC Public File of Records, Reports, and more