BP reaches deal with plaintiffs over Gulf of Mexico

NEW YORK (Reuters) – BP PLC has reached an agreement with counsel for plaintiffs suing over the massive 2010 Gulf of Mexico oil spill, according to a court order on Friday, but the company still faces claims by the U.S. government and drilling partners. U.S. District Judge Carl Barbier, who is overseeing the litigation, said in the order that the proposed terms of a class settlement would be submitted to the court for approval. He also adjourned the first phase of the trial over the spill, which was scheduled to begin on March 5. …
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