1 min read

NEW ORLEANS (AP) — Halliburton’s agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP Gulf of Mexico oil spill could be a way for the company and victims of the spill to avoid years of costly litigation — if all the pieces fall into place.

A federal judge still has to approve the settlement. That same judge has rulings pending on the extent to which parties, including Halliburton, were negligent in the deadly explosion of the Deepwater Horizon offshore oil rig. Those rulings could affect plaintiffs’ decisions on whether to participate in the settlement, which was announced Tuesday.



Comments are not available on this story. Read more about why we allow commenting on some stories and not on others.