Posts Tagged ‘BP Oil Spill Settlement’
Environmental Concerns, Gulf Coast Disaster - Friday, March 1, 2013 15:49 - 0 Comments
Judge Approves $4 Billion BP Oil Spill Criminal Settlement
The Justice Department’s criminal probe of BP’s role in the Deepwater Horizon disaster and Gulf oil spill has come to an end. U.S. District Judge Sarah Vance agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers to and pay a record $4 billion in penalties. The plea deal approved by Judge Vance doesn’t resolve the federal government’s civil claims against BP. The company will have to pay billions more for environmental damage from its 2010 spill. The settlement of the criminal charges has no “legal effect” on the civil matter. Continue…
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- Parting Words
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