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BP's $7.8B Deepwater Spill Deal Allows Up To $600M In Fees

By Bibeka Shrestha ( April 18, 2012, 2:59 PM EDT) -- BP PLC asked a Louisiana federal court Wednesday to greenlight an estimated $7.8 billion settlement of economic, property damage and medical claims in multidistrict litigation over the Deepwater Horizon oil spill, a deal that could hand plaintiffs' counsel up to $600 million....

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