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Battle Lines Drawn for BP’s Day in Court

New York Times Original article ›

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LyrArc Article Gist
The failure to reach an agreement between the U.S. Justice Department and BP over liability in the Gulf Oil Spill. The Justice Department says BP was grossly negligent in the spill. BP's position is that responsibility was shared with Transocean, Halliburton and other companies, so that BP by itself was not grossly negligent. The case now goes to trial.

The BP Deepwater Horizon rig Gulf oil spill trial in 2013 after the failure to reach an agreement with the U.S. Justice Department

02/19/2013

Grouped Articles

BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims

Wall Street Journal 07/03/2015

Battle Lines Drawn for BP’s Day in Court

New York Times 02/19/2013

BP Faces New Bout of Spill Liability

Wall Street Journal 03/03/2013

Bob Dudley: Three Years After the Spill, BP Gets Bullish

Wall Street Journal 03/15/2013

2008 subprime mortgage securities financial crisis

08/05/2007

Financial crisis from the widespread distribution of securities created from pools of subprime mortgages in the portfolios of finacil institutions around the globe. How credit rating agencies helped create the crisis by giving A ratings to these securities which were then widely distributed as credit worthy.

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Goldman Sachs: Don't Blame Us

BusinessWeek 04/01/2010

A Toxic Subprime Mortgage Bond's Legacy Lives On

Wall Street Journal 09/13/2013

Recipes for Ruin, in the Gulf or on Wall Street

New York Times 06/11/2010

S. & P. E-Mails on Mortgage Crisis Show Alarm and Gallows Humor

New York Times 02/05/2013

S&P to Pay $1.5 Billion to Resolve Crisis-Era Litigation

Wall Street Journal 02/04/2015

Housing Bust Fuels Blame Game

Wall Street Journal 02/27/2008

Factors affecting BP's performance and share price in 2013-2016

12/04/2012

Grouped Articles

BP Ramps Up Drilling After Asset Sales, Legal Costs

Wall Street Journal 10/25/2013

North Sea Oil Fields Are on the Brink of a Comeback

Wall Street Journal 10/25/2013

BP Increases Its Dividend as Earnings Beat Forecasts

New York Times 10/29/2013

BP Earnings Decline 34%

Wall Street Journal 10/30/2013

BP's Pledges Need Operational Support

Wall Street Journal 10/30/2013

Exxon: A Tiger That Doesn't Change Its Stripes

Wall Street Journal 10/31/2013

BP performance

08/18/2011

Grouped Articles

BP Balks on Russian Pipeline Project

Wall Street Journal 06/30/2012

BP’s $4.2 Billion Profit Beats Forecasts

New York Times 04/30/2013

BP Ramps Up Drilling After Asset Sales, Legal Costs

Wall Street Journal 10/25/2013

North Sea Oil Fields Are on the Brink of a Comeback

Wall Street Journal 10/25/2013

BP Increases Its Dividend as Earnings Beat Forecasts

New York Times 10/29/2013

BP Earnings Decline 34%

Wall Street Journal 10/30/2013

BP's $4.5 billion legal settlement with the U.S. Justice Department on the Deepwater Horizon rig Gulf oil spill

11/15/2012

The Justice Department took a different approach to the settlement by indicting three BP managers for improper conduct during the Gulf Oil Spill. This was meant to act as a deterrent to other company managers in such situations. BP's oil spill fund and legal liabilities.

Grouped Articles

BP Says Spill Fund Is Running on Fumes

Wall Street Journal 07/30/2013

The Hole in Holder’s Legacy

New York Times 09/29/2014

BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims

Wall Street Journal 07/03/2015

BP Faces Up to $13.7 Billion in Fines in Deepwater Gulf Spill Case

Wall Street Journal 07/03/2015

BP to Pay $18.7 Billion for Deepwater Horizon Oil Spill

New York Times 07/02/2015

BP Results Still Hurt by Gulf Spill B1

Wall Street Journal 04/28/2016


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