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BP Digs in as Last Leg of Gulf Oil Spill Trial Approaches

February 2, 2014

Fuel Fix (Houston Chronicle)
By Collin Eaton

 

The legal clash over the 2010 Gulf of Mexico oil spill is entering a key chapter that could give BP an idea of just how large a hole the disaster will burn in its wallet.

It appears unlikely that BP and the U.S. government will settle the multibillion-dollar dispute before a federal judge hands down several rulings in a civil case that will determine how much BP owes in Clean Water Act penalties.

The case combines a tangle of litigation arising from the spill, and U.S. District Judge Carl Barbier of New Orleans has heard testimony in two phases of a trial in the case.

Partner John J. Levy comments. Visit fuelfix.com for full article.