BP And Partners Say Most Victims Not Yet Entitled to Sue

BP and its partners in the blown-out Gulf well said on Monday that thousands of fishermen, seafood processors, restaurants, hotel owners and others may not yet have the right to sue over the spill, according to court papers.

BP and its partners such as Transocean Ltd and Halliburton Co said the majority of alleged victims who have brought about 400 lawsuits must first take their claims to a $20 billion fund established by BP.

The $20 billion fund is dependent upon the US granting BP continued access to deep water drilling.

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