BP Gulf Spill Settlement Affirmed By Appeals Court

(Undated) -- BP's multi-billion-dollar settlement over the 2010 Gulf of Mexico oil spill has been affirmed by an appeals court. A panel of the 5th U.S. Circuit Court of Appeals issued its ruling Friday, upholding what a federal judge had already approved. As a result, the oil giant is expected to pay out upwards of nine-point-two-billion dollars to those impacted by the massive spill.