BP May Settle With Justice Department
A Morgan Stanley analysts writes that BP is close to a settlement of US civil and criminal claims over the Deepwater Horizon incident. The sum would be $20 billion to $25 billion. There is no independent confirmation of the speculation…
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A Morgan Stanley analysts writes that BP is close to a settlement of US civil and criminal claims over the Deepwater Horizon incident. The sum would be $20 billion to $25 billion. There is no independent confirmation of the speculation
Reuters reports that
BP sources have told Reuters that talks are ongoing with the Department of Justice about a possible settlement and that the London-based company’s board has shifted to weekly meetings to discuss progress.
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