BP offers one-off payouts to stem Gulf oil spill lawsuits
US lawyers say tens of thousands of affected people in the Gulf, particularly those in the fishing and tourism industries, are weeks away from bankruptcy.
BP will begin its legal offensive this month to cap its liabilities from the Gulf of Mexico disaster by offering those affected one-off compensation payouts in return for them waiving the right to sue.
Lump-sum compensation offered in return for waiving the right to sue, but uncertainty remains for those indirectly affected.
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