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March 04, 2014 AT 3:20 AM
A federal appeals court rejected BP effort to stop Gulf Coast businesses from collecting payouts from the Deepwater Horizon settlement fund, even when they can't directly trace their losses to the 2010 oil spill. The 5th U.S. Circuit Court of Appeals ruling appears to leave the oil company on the hook for billions of dollars more in payments than it originally estimated when it reached a settlement in 2012.