Blasting Critics, BP Urges Approval Of $7.8B Deepwater Deal

By Jeff Overley ( October 23, 2012, 2:29 PM EDT) -- BP PLC on Monday asked a Louisiana federal judge to approve a $7.8 billion class action settlement of economic and medical claims stemming from the catastrophic Deepwater Horizon oil spill, saying virtually no valid criticism exists in objections to the deal....

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