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BP (BP) is ready to take its chances at a civil trial over the Gulf oil spill after failing to...

BP (BP) is ready to take its chances at a civil trial over the Gulf oil spill after failing to reach a settlement with the government, states and other private plaintiffs. BP could face a fine of $21B for the crude spilled if the court accepts the government's claims, although the company reckons the bill will be under $5B. The trial is due to start on Monday.
Comments (3)
  • Ouch. Not helpful for BP, not helpful for U.K.-U.S. relations.
    19 Feb 2013, 05:44 AM Reply Like
  • The government has been pushing BP around with arrogance since the gulf fiasco.
    Obviously BP thinks the court will deal them a better hand.
    I for one agree...hang in there.
    19 Feb 2013, 07:44 AM Reply Like
  • When in America do as the Americans do. BP should take a page out of Exon's book. Deny everything. Blame everyone else. Appeal everything. Make it all take as long as possible so that that some other foreign company can become the bogey man.
    Then a reasonable settlement may be possible.
    19 Feb 2013, 03:06 PM Reply Like
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