"U.S. Judge Approves Settlement in BP Class Action Suit"

"A U.S. judge on Friday gave final approval to BP Plc's settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill."

"The order only addressed the settlement of economic and property damage claims, not a separate medical benefits settlement for cleanup workers and others who say the spill made them sick.

BP has estimated that it will pay $7.8 billion to settle more than 100,000 claims in the class action litigation."

Reuters had the story December 21, 2012.

Source: Reuters, 12/24/2012