"U.S. Supreme Court Rejects BP Challenge To Gulf Spill Settlement"

"The U.S. Supreme Court on Monday rejected BP's challenge to its multibillion-dollar settlement agreement over the 2010 Gulf of Mexico oil spill, which the oil giant complained has allowed payouts to some businesses that are unable to trace their losses to the disaster.

The court's decision not to hear the London-based company's appeal is the latest setback for BP, which is trying to limit payments over a disaster that killed 11 people and triggered the largest U.S. offshore oil spill.

The action, disclosed in an unsigned order, means BP must make the payments as it continues to deal with the spill's aftermath."

Lawrence Hurley reports for Reuters December 9, 2014.

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"Legal Experts: BP's Failed U.S. Supreme Court Appeal Sends 'Clear Signal,' Sets Tone for Future Disputes" (New Orleans Times-Picayune)