5 Tips To Limit An Environmental Disaster's Legal Fallout

Law360, New York (April 3, 2013, 7:13 PM EDT) -- It's an energy company's worst nightmare — an explosion, leak or other mishap that spews hazardous substances into public areas.

Just ask BP PLC, which has already paid billions of dollars in connection with the 2010 Deepwater Horizon disaster and could be on the hook for billions more, or ExxonMobil Corp., currently dealing with a pipeline rupture that leaked thousands of gallons of crude oil into a residential neighborhood in Arkansas.

Incidents like these are public, and can be very costly if a company's response isn't...
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