BP, U.S. Urge Judge to Accept Plea Over Victims’ Protests
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A BP Plc unit and federal prosecutors asked a judge to approve a $4 billion guilty plea for the 2010 Deepwater Horizon blast, over objections from victims that the deal is insufficient punishment for the deaths and injuries it caused.
BP Exploration & Production Inc., the Houston-based exploration unit of BP, agreed in November to plead guilty to 14 counts, including 11 for felony seaman’s manslaughter, and pay $4 billion to resolve all criminal charges related to the largest offshore oil spill in U.S. history.