BP (BP -2.1%) would love to be selling assets in order to pay for Gulf spill liabilities, but...

|About: BP p.l.c. (BP)|By:, SA News Editor

BP (BP -2.1%) would love to be selling assets in order to pay for Gulf spill liabilities, but Gordian Group restructuring chief Peter Kaufman notes that it's anything but simple, as buyers are nervous future creditors could unwind purchases as "fraudulent conveyances." Updated 1:18 p.m: BP is putting upstream assets in Pakistan and Vietnam up for sale.