BP clashes with Texas officials over GC's alleged negligence admission
BP's US general counsel has been accused of citing "gross negligence" as a possible cause of the Gulf spill, prompting a dispute between the oil company and Texas officials seeking millions of dollars in cleanup funds, writes Corporate Counsel. The revelation came in a 22 July letter from Texas governor Rick Perry and attorney general Greg Abbott to BP. The officials mentioned a conference call in which BP's US general counsel John Lynch "acknowledged that gross negligence would be revealed as a cause of the explosion that led to the oil spill." The reference arose in a discussion about BP's reason for not invoking the $75m (£47m) liability cap provided under the Oil Pollution Act.
BP’s US general counsel has been accused of citing “gross negligence” as a possible cause of the Gulf spill, prompting a dispute between the oil company and Texas officials seeking millions of dollars in cleanup funds, writes Corporate Counsel.
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