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With options dwindling, BP seized a chance to settle oil spill case

2015-07-09 07:46:14| Oil & Gas - Topix.net

In early May, with its legal options dwindling and investors impatient, BP Plc saw a chance to negotiate what became a US$18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history. NEW YORK/LONDON/HOUSTON: In early May, with its legal options dwindling and investors impatient, BP Plc saw a chance to negotiate what became a US$18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history.

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