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BP Is Found Grossly Negligent in Deepwater Horizon Disaster
The Wall Street Journal (online registration required): BP PLC was grossly negligent in the 2010 Deepwater Horizon disaster, a federal judge ruled, handing down a decision that could cost the company as much as $18 billion in pollution fines for the Gulf of Mexico oil spill.
Thursday's decision could leave BP on the hook for far more than the $3.5 billion it had set aside for civil penalties under the U.S. Clean Water Act and likely would easily exceed the biggest previous fine under the...
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