It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
BP is suing the owner of the Deepwater Horizon rig and the maker of the device that failed to stop last year's calamitous Gulf oil spill, alleging that negligence by both companies helped to cause the disaster.
The British company said in papers filed in a federal court in New Orleans that it was suing the rig owner, Transocean, for at least $40bn (£24bn) in damages, accusing it of causing the deadly blowout in the Gulf of Mexico that led to the worst offshore oil spill in US history.
Originally posted by Maxmars
A cross-suit was probably being considered from day two.
Insurance companies are the things I'm interested in now... or is the tax-payer forced to underwrite these ventures by legislation like nuclear facilities are?