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Deepwater Horizon case blow for BP

BP
BP

BP's (LSE: BP) hopes of reaching a settlement over the Deepwater Horizon catastrophe have been dealt a blow after it emerged that the US Government intends to prove gross negligence or wilful misconduct at trial.


The US Department of Justice (DoJ) said the oil giant displayed a "culture of corporate recklessness", according to a memo filed with a New Orleans court, in the clearest sign yet that it will push for the maximum possible penalties following the spill in 2010.%VIRTUAL-SkimlinksPromo%