BP Settlement: Lessons About Congressional Investigations
November 28, 2012, 12:22 PM EST
Law360, New York (November 28, 2012, 12:22 PM EST) -- On Nov. 15, 2012, the U.S. Department of Justice announced that BP Exploration and Production Inc. has agreed to plead guilty to a 14-count criminal information and pay a record $4 billion in criminal fines and penalties in connection with the 2010 Deepwater Horizon blowout and oil spill that killed 11 people and caused the largest environmental disaster in U.S. history.
The charges against BP include manslaughter, environmental violations and obstruction of Congress. The DOJ also unsealed indictments against Robert Kaluza and Donald Vidrine, two BP...