BP gets unfavorable Supreme Court ruling to hold off Gulf spill payments

|About: BP p.l.c. (BP)|By:, SA News Editor

The Supreme Court rejects BP's (BP +0.1%) request to halt disputed payments stemming from the 2010 Gulf of Mexico oil spill, Bloomberg reports, refusing to put a hold on lower court rulings that require the company to begin making the payments.

Under its normal scheduling practices, the Court will decide late this year whether to actually take up BP’s appeal.