The U.S. Supreme Court has rejected BP’s bid to stop paying compensation claims while awaiting a review of its settlement with businesses related to the 2010 Gulf of Mexico oil spill.
The company said despite the decision, it will continue to seek a review of the court’s overall compensation ruling.
Under the current ruling, BP must pay some companies economic damages regardless of whether they can prove the spill caused them losses.
BP spokesman Geoff Morrell said, “The lifting of the injunction suspending the payment of business economic loss claims will allow hundreds of millions of dollars to be irretrievably scattered to claimants whose losses were not plausibly caused by the Deepwater Horizon accident.”
The claimant’s lawyers said the ruling would “allow businesses to continue to receive the compensation they’re rightly entitled to according to the objective, transparent formulas agreed to by BP.”