Appeals court to stop some oil-spill payments challenged by BP, WSJ reports

theflyonthewall.com

A federal appeals court ordered a lower-court judge to halt payments to some Gulf Coast businesses that say they suffered damage after the 2010 oil spill in the Gulf of Mexico, reports the Wall Street Journal. The ruling at least temporarily slows the pace of hundreds of millions of dollars in payments BP is making under a class-action settlement to address damages from the Deepwater Horizon oil spill.

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