BP\’s Legal Situation
At the moment over 160 lawsuits have been filed against oil giant BP over the damage of the spillage in the Gulf of Mexico recently. This number is certainly set to increase. The justice department are conducting an independent investigation into whether BP broke civil or criminal laws. The outcome of the investigation is expected in around one year’s time. It is expected that many BP shareholders and fisherman will file cases before the results of this study are submitted.
