Lyondell Battles BP Ch. 11 Claims Over MTBE Suits
While Lyondell is working toward a settlement with the BP entities over the MTBE liability, the company asked the bankruptcy judge supervising its landmark Chapter 11 case to expunge the indemnification claims in the event a resolution proves unattainable.
BP subsidiary Atlantic Richfield Co. and two other BP units filed unsecured claims in Lyondell’s bankruptcy, alleging the company, which...
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