'Villain' Transocean Unit Fined $2M For Legal Tactics
By Nick Malinowski ( May 18, 2010, 2:39 PM EDT) -- A bankruptcy court judge has slapped Transocean Ltd. subsidiary Global Santa Fe Corp. with approximately $1.5 million in sanctions for the "vexatious" litigation tactics it employed against Bass Enterprises Production Co. in efforts to avoid liability for more than $180 million in environmental liabilities in Louisiana....
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