fictitious payments News

BP Plc asked an appeals court for an injunction to stop some payments under a $9.2 billion settlement tied to the 2010 Gulf of Mexico oil spill, saying the judge overseeing the case ignored the court’s mandate to review claims. …

BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the program’s administrator, …