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BP reaches $7.8-bn deal with victims of oil spill
BP Plc said it had reached a $7.8-billion settlement with businesses and individuals over the 2010 Deepwater Horizon oil rig disaster, removing one of three major litigation fronts facing the company over the biggest offshore spill in US history.
Brent Coon, a Houston-based lawyer representing spill victims both in federal and state courts, said in a Feb. 27 interview that he worried the $14 billion remaining in BP’s trust fund wouldn’t provide enough compensation for those harmed in the disaster.



