BP & State Of Louisiana Agree To Resolve Long-Standing Matters Related To Deepwater Horizon Spill

By Reuters News

Oct 23 (Reuters) - BP PLC BP.L:

  • BP - BP AND STATE OF LOUISIANA AGREE TO RESOLVE LONG-STANDING MATTERS

  • BP : TO PAY LOUISIANA $350 MILLION EARLY LUMP SUM FOR REMAINING DEEPWATER HORIZON ECONOMIC DAMAGES

  • BP: REMAINING COASTAL ZONE LAWSUITS BROUGHT BY LOUISIANA PARISHES TO WHICH BP IS A PARTY WILL BE RESOLVED

  • BP: UNDER THE 2015 SETTLEMENT, $4.9 BILLION IS PAYABLE OVER 18 YEARS TO SETTLE ECONOMIC AND OTHER CLAIMS MADE BY THE FIVE GULF COAST STATES

  • BP: LOUISIANA AGREEMENT REPRESENTS MORE THAN 20% OF BP’S OUTSTANDING PAYMENTS TO FIVE GULF STATES UNDER THE ECONOMIC DAMAGES SETTLEMENT

Further company coverage: BP.L

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