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

February 2, 2014
Fuel Fix (Houston Chronicle)

Types : In the News

 

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.

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