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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST
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To: Maurice Winn who wrote (73682)4/29/2011 5:51:19 PM
From: carranza2  Read Replies (1) of 219172
 
Irrelevant.

Oil Pollution Act makes the 'responsible party' - BP - liable without the need to show fault. Although there are liability limits, I recall that BP waived them.

This does not mean that BP cannot sue another entity to recover in the event its fault caused it to pay.

From what I can tell, there are a number of parties who are likely to be found at fault.

I love it when you play lawyer.
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