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Analysis: BP's legal gamble may trim spill bill by billions

2013-04-22 07:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars. After failing to settle claims from the 2010 Gulf of Mexico spill through negotiations, the British oil company opted in February to go to trial with plaintiffs ranging from small businesses to the U.S. government over the damages it will face. The decision rests with U.S. District Court Judge Carl Barbier, who...

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