BP Wants $12B Cap On CWA Penalties For Deepwater Spill

By Emily Field (November 17, 2014, 2:55 PM EST) -- BP PLC on Friday asked a Louisiana federal judge to cap its potential Clean Water Act penalties for the Deepwater Horizon oil spill disaster at a maximum of $12.3 billion — a third less than the $18 billion U.S. prosecutors are seeking....

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