BP challenges 'inflated' payouts

Press Association
BP
BP

Oil giant BP is fighting back over millions of dollars of "fictitious and inflated" compensation claims for the 2010 Gulf of Mexico disaster which it warns threaten its future.

A panel of United States appeal court judges began hearing the group's appeal over how its 7.8 billion US dollars (£5.2 billion) claims settlement is being handled - which it says has sparked a "feeding frenzy" and is allowing businesses from the Gulf coast to claim for "non-existent, artificially calculated losses".
%VIRTUAL-SkimlinksPromo%