3/1/2013 Group Watch: Legal Experts Agree with AG
Alabama Attorney General Luther Strange has maintained for some time that BP was not offering the state all it was entitled to receive during settlement talks in the case. This week, legal experts are saying that the pressure is mounting on BP to settle civil charges brought against the company for its role in the 2010 Gulf oil spill. BP and its partners are being sued by the U.S. Department of Justice, private plaintiffs and the states of Alabama and Louisiana in federal court in New Orleans. Legal experts familiar with the case are surprised that the case went to trial and predict if testimony continues as it has gone so far, BP might well raise its current $16 billion offer to $18 billion by the end of the week. Attorney General Strange was quoted as saying that evidence is mounting that BP deserves the harshest possible punishment under the law. Gross negligence could be potentially catastrophic for the company.
