Ch. 7 Trustee Sues ATP Oil Execs Over Reckless Spending

By David Siegel (August 18, 2014, 5:14 PM EDT) -- The Chapter 7 trustee of the estate of ATP Oil & Gas Corp. filed suit Friday in Texas bankruptcy court claiming the company's senior management failed to properly plan, budget or take the appropriate proactive action to lessen the company's damages caused by the Deepwater Horizon oil spill....

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