Saturday, November 17, 2012

BP agrees to record criminal penalty in Gulf of Mexico oil spill

On November 15, Attorney General Eric Holder Jr. returned to New Orleans to announce a record criminal punishment?$4 billion in fines and penalties brought against London-based BP PLC for misconduct. The criminal fine itself was $1.25 billion, one of the largest ever brought against a corporation.

Source: http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202578529316&rss=rss_nlj

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