Deepwater Horizon Trustees Settle with BP
March 7, 2016
Trustees Settle with BP for Natural Resource Injuries to the Gulf of Mexico
On April 4, 2016, the court approved a settlement with BP for natural resource injuries stemming from the Deepwater Horizon oil spill. This settlement concludes the largest natural resource damage assessment ever undertaken. We will now begin implementing restoration as laid out in the Trustee's comprehensive restoration plan. Under this settlement, BP will pay the Trustees up to $8.8 billion for restoration to address natural resources injuries. View the full press release for additional information.