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Federal judge weighs in on BP claims

A federal judge says BP cannot hold up paying oil spill-related claims where business losses can't be directly linked to the spill.

US District Judge Carl Barbier said in his ruling that a "claim by claim" analysis would bring the process to a virtual standstill.

BP has argued that Judge Barbier and court appointed claims administrator Patrick Juneau are misinterpreting the terms of the settlement agreement.

The company says it could cost them billions in bogus or inflated claims by businesses.