Without A Deal, BP Would Have Faced Harsher Penalties

By Juan Carlos Rodriguez (July 2, 2015, 9:01 PM EDT) -- Despite the magnitude of Thursday's $18.7 billion settlement that ends most of the litigation over BP Exploration & Production Inc.'s liability in the Deepwater Horizon disaster, experts say the company could have been hit even harder had the overseeing judge been able to hand down a penalty of his own....

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