BP’s fines could top $17B for violations against Clean Water Act
Posted on Wednesday, May 7th, 2014 at 3:47 pm by Williams Hart | Updated: Friday, April 19th, 2019 at 11:08 am
British oil giant BP will find out how much it will have to pay in fines for its involvement in the 2010 oil spill during the final phase of trial this coming January. Fines under the Clean Water Act could surpass a whopping $17 billion.
BP has already set aside over $42 billion in a fund for paying off fines and compensation.
The first phase of the trial covered the issue of negligence and ended April of last year. The second phase, which concluded last October, dealt with determining how many million barrels of oil spilled from the Deepwater Horizon. The first two phases will help determine how much BP’s fines will amount to in the third and final phase of trial.
The leak continued for 87 days and killed 11 BP workers and injured 17 others.
Filing a claim with the Deepwater Horizon Claims Center on your own can be extremely confusing, so don’t hesitate to seek legal assistance from our attorneys at the Williams Hart. Call our offices at (713) 352-7071 to see if we can help you receive the financial compensation you deserve.