“A U.S. judge has decided that BP Plc was ‘grossly negligent’ and ‘reckless’ in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $ 18 billion in fines to more than $ 42 billion in charges the company took for the worst offshore environmental disaster in U.S. history. Barbier ruled that BP was mostly at fault and that two other companies in the case, Transocean Ltd and Halliburton, were not as much to blame. The amount is far more than the $ 4.5 billion maximum fine that could have been levied under a simple ‘negligence’ ruling. BP has set aside only $ 3.5 billion for fines under the Clean Water Act.”
Related posts:
Married Tulsa police officers arrested in fatal shooting of unarmed man
Sen. Chambliss: 'We can't just leave event security to communities'
Swansea police pay $750 "ransom" after computer virus strikes
Documentary Film Investigates the (Alleged) Death of Books
European Car Sales Fall to 20-Year Low Amid Unemployment
If You Want To Know Why Things Are Falling Apart, Look at Total Debt
Industry sues over NYC crackdown on sugary drinks
Documents burn as Trump escalates Russia conflict, ordering SF consulate vacated
220 marijuana cases dismissed in King, Pierce counties after legalization
Costa Rica Probes Liberty Reserve Founder Marriage
Obama, In Europe, Announces $1 Billion European Defense Plan
Hillary Clinton’s Lucrative Goldman Sachs Speaking Gigs
Iran offers state assets to foreigners in investment drive
Holocaust survivor and US tax fugitive Marc Rich dies at 78 in Switzerland
Catalonia getting ready to divorce Spain