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BP Settlement Dwarfs Top Product, Toxic Tort Deals

By Erin Fuchs ( March 3, 2012, 12:29 PM EST) -- BP PLC's agreement in principle to shell out at least $7.8 billion to end the bulk of the sprawling litigation over the Deepwater Horizon oil spill eclipses headline-grabbing product liability settlements like the $4.85 billion Vioxx deal and is virtually unprecedented for an environmental toxic tort case, experts in complex litigation said....

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