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Obama Administration Sues BP



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For unlimited damages, over and above the caps set by federal law: 

 

(Reuters) – The Obama administration sued BP Plc and four other companies tied to the Gulf of Mexico oil spill on Wednesday, charging violations of U.S. environmental laws, in the opening salvo in what will likely be a lengthy legal battle.

The lawsuit seeks damages from BP, Transocean Ltd, Anadarko Petroleum Corp, Mitsui & Co Ltd unit MOEX and BP’s insurer Lloyds of London for their roles in the worst oil spill disaster in U.S. history.

The Justice Department asked a federal judge in New Orleans overseeing the litigation related to the oil spill to hold the companies liable, except for Lloyds, for unlimited damages, beyond the $75 million cap under the U.S. Oil Pollution Act.

From Reuters.



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