BP appeals to US court against inflated Deepwater Horizon spill claims

BP has appealed to a US court to stop ‘fictitious’ compensation claims stemming from the Gulf of Mexico oil spill in 2010, which killed 11 people and caused serious environmental disaster in the US.
The company reached a $7.8bn settlement with thousands of people and businesses which were affected by the disaster last year.
BP has now said this ammount will not be sufficient to pay all the claims if court-appointed attorney Patrick Juneau continues to award “excessive and unwarranted” compensation to claimants.
BP US Communications head, Geoff Morrell, said in a statement: “Not only is the claims administrator’s misinterpretation contrary to the plain language of the settlement agreement and the intent of the parties, but it has ignited a feeding frenzy among trial lawyers attempting to secure money for themselves and their clients that neither deserves.”
“We are asking the Fifth Circuit to follow established legal principles of contract law and interpret the agreement as written and intended: paying only those claimants who suffered actual losses,” Morrell added.