Further billions at stake as BP faces spill civil trial
Posted: January 31, 2013 at 2:45 a.m.
Now that a $4 billion plea deal has resolved BP’s criminal liability for the Gulf of Mexico oil spill nearly three years ago, the company will turn its focus to a trial that has the potential to cost it billions of dollars more in civil penalties. At the conclusion of a hearing Tuesday that included emotional testimony and a BP executive’s apology, a federal judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the April 2010 deaths of 11 workers on the Deepwater Horizon rig and pay the record amount of
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Business, Pages 27 on 01/31/2013