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re: BP has agreed to pay for restoration projects.

Posted on 5/1/13 at 2:08 pm to
Posted by GREENHEAD22
Member since Nov 2009
19814 posts
Posted on 5/1/13 at 2:08 pm to
quote:

BP is found grossly negligent.


Bankruptcy and/or get acquired/merger.
Posted by Jester
Baton Rouge
Member since Feb 2006
34650 posts
Posted on 5/1/13 at 2:13 pm to
quote:

Bankruptcy and/or get acquired/merger.


Bankruptcy is not something you can just claim on a whim and a merger/acquisition would not eliminate their financial obligations. The new company would be on the hook for it.
Posted by Motorboat
At the camp
Member since Oct 2007
22970 posts
Posted on 5/1/13 at 2:13 pm to
LINK

quote:

Oil giant BP sparked fresh fury among motoring groups today after it emerged the company generated profits at the rate of £1.3 million an hour. The UK-based group achieved profits of £2.86 billion (4.13 billion US dollars) in the first three months of this year alone.
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