Friday, April 22, 2011

BP Files A Monster Of A Lawsuit Against Halliburton


BP HQ

BP (British Petroleum) has filed a monster of a lawsuit against Halliburton, Transocean and Cameron International, over the massive oil spill that occurred off the coast of Louisiana last year. The environmental disaster turned out to be the worst spill in U.S. history.

BP seeks $40.9 billion in damages from the Defendants in the case. Yes, you read that right. Billion, not million. BP contends it is for money they paid out in claims and clean up, due to the regrettable spill.

British Petroleum has sustained a significant amount of damage during the disaster. BP’s shareholders and bottom-line, took a pounding over the spill, which British Petroleum stated was caused by the Defendants, as it was their machinery, methods and men that worked on the rig.

RELATED ARTICLE

BP In The Clear - Halliburton On The Hot Seat

STORY SOURCE

BP Launches Gigantic Lawsuit Against Halliburton, Transocean And Cameron