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Bloomberg reported that BP Plc won a bid to access the $750M insurance of Transocean Ltd to pay the costs of the 2010 oil spill in the Gulf of Mexico.
Bloomberg reported that BP Plc won a bid to access the $750M insurance of Transocean Ltd to pay the costs of the 2010 oil spill in the Gulf of Mexico.
As quoted in the market news:
The U.S. Court of Appeals in New Orleans yesterday reversed a decision by U.S. District Judge Carl Barbier barring BP from using the policies.