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Detroit's CFO testifies in bankruptcy trial

2014-09-04 18:03:13| Oil & Gas - Topix.net

Graphic illustrates Detroit's slow decline into bankruptcy, featuring charts showing the city's population, unemployment rates and revenue decline.; 2c x 6 inches; 96.3 mm x 152 mm; A federal judge has ruled that BP's reckless conduct resulted in the nation's worst offshore oil spill, leaving the company open to billions of dollars in penalties. BP bears the majority of responsibility among the companies involved in the nation's worst offshore oil spill, a federal judge ruled Thursday, citing the energy giant's reckless conduct in a ruling that exposes the... Creditors who oppose the proposed settlement of Detroit's bankruptcy case have been having their say to the judge deciding whether to approve it.

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