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Companies agree to pay $45 million over Orange County oil spill

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Shipping companies have agreed to pay $45 million after an offshore oil spill sent crude washing ashore, attorneys said.

Nearly one year after 25,000 gallons of crude oil spilled into the ocean, the area was back open Wednesday for recreation and those responsible are paying the price.Shipping companies have agreed to pay $45 million to thousands of Southern California fishermen, tour companies and property owners who sued after an offshore oil spill sent crude washing ashore, attorneys said Thursday.

A tentative settlement was reached after months of negotiations between the MV Beijing and MSC Danit and their associated companies and the businesses and residents who sued them, the plaintiffs' lawyers said in a statement.

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