Originally published on Fri March 9, 2012 10:51 am
Transcript
RENEE MONTAGNE, HOST:
Lawyers for BP, and thousands of people affected by the Deepwater Horizon accident and oil spill, had been expected, for a long time, to be in a New Orleans courtroom this morning for a civil trial. Instead, they're reviewing a deal to settle the case.
BP estimates it would pay nearly $8 billion in the settlement. In exchange, the company would avoid revisiting, in a courtroom, what led up to the drilling rig explosion that killed 11 men and poured massive amounts of oil into the Gulf of Mexico.
NPR's Jeff Brady is following the story and joins us now. And Jeff, what is in this agreement?
Read more