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U.S. judge rejects BP bid to recoup some payments made for spill

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BP Plc cannot recoup what it says were inflated claims paid under a multibillion-dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, a U.S. judge ruled on Wednesday.

The company originally expected a bill of $7.8 billion, but it says the uncapped agreement handling thousands of claims could be considerably higher, according to Reuters.

The oil major has filed numerous motions to challenge what it says are excessive fees charged by the program's administrator, generous payments made under disputed accounting rules and phony claims.

Read more from Reuters.

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