BP and the Justice Department are close to a deal to resolve the company's civil and criminal...

|About: BP p.l.c. (BP)|By:, SA News Editor
BP and the Justice Department are close to a deal to resolve the company's civil and criminal liabilities arising from 2010's Deepwater Horizon spill, according to sources. Among the points of contention are the sides being about $6B apart on a final settlement figure, with BP concerned an amount too high could imply negligence, thus encouraging plaintiffs with pending lawsuits to seek higher damages.