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Tag >> liability management
Jun 16
2010

BP's legal options

Posted by dbedell in risk managementregulatory frameworkObama Administrationliability managementcorporate liabilityCashBP

dbedell

With more than 100 federal and state cases already having been filed in connection with the Deepwater Horizon oil spill, it is hardly surprising that BP has hired advisers to help it sort out and control its liability exposure.

As Ron Fink reported on June 7, BP has waived its right to seek protection under a federal law that could have limited its liability to $75 million.



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