With BP announcing Thursday that it has reached a record-breaking settlement with the Justice Department over criminal charges stemming from the Deepwater Horizon disaster, The Am Law Daily had a look at the Am Law 100 and interntional firms that have advised the British energy giant over the past two years on a series of asset sales aimed at raising the capital necessary to cover the company's liabilities.
November 15, 2012 at 12:00 AM
1 minute read
BP, the energy giant formerly known as British Petroleum, has agreed to plead guilty to 14 criminal charges and pay $4.5 billion in fines and other payments to the federal government as a result of the 2010 Deepwater Horizon disaster in the Gulf of Mexico, according to sibling publication The National Law Journal.
The settlement adds to the already hefty price tag incurred by BP as a result of the massive offshore oil spill, the second-largest such disaster in history.
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