NEW ORLEANS (Bloomberg) -- BP Plc lost a bid for a new trial on findings that it was grossly negligent in the 2010 Gulf of Mexico oil spill, a decision that exposes the company to $18 billion in pollution fines. The loss follows multiple BP legal setbacks, including failed efforts to cut the cost of its settlement with spill victims. After being told by trial and appeals courts that it must live with the deal it negotiated, BP is awaiting a U.S. Supreme Court decision on whether it will hear the company’s complaint that the deal is being misinterpreted to compensate claimants BP says it didn’t intended to pay.
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BP loses bid for new trial over Macondo spill negligence
![BP loses bid for new trial over Macondo spill negligence]()
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