speaking of oil bp settled $7.8 billion
They settled ahead of trial!
The settlements will be paid out to claimants of those affected by the spill.
The oil company said the $7.8bn would also include $2.3bn for the Gulf seafood industry.
The deal between BP and more than 120,000 victims of the spill " from shrimp boat captains to sales teams at time-share condos, restaurateurs and wedding planners " settles what is arguably the most complicated part of the legal proceedings.
But it will not be universally welcomed in the Gulf, where there is a strong undercurrent of opinion that wants to see BP held to account in court in addition to offering financial compensation
Here is a link that might be useful: Shrimp Toast