BP Loses Bid to Bar Gross-Negligence Finding in Spill Trial
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BP Plc lost an effort to eliminate the possibility of a finding of gross negligence that might trigger fines as much as $17.6 billion in the trial over the 2010 Gulf of Mexico oil spill.
“I’m not going to grant that motion,” U.S. District Judge Carl Barbier in New Orleans today told a lawyer for the London-based oil company. “I don’t see any point in arguing it.”