Background
United Kingdom, Insolvency & Restructuring, Litigation, Squire Patton Boggs, Costs in English law, Abuse of process, Solicitor, Debt, Liquidation, Liquidator (law), Honda, Insolvency Act 1986 (UK)
On April 20, 2010, an explosion on the Deepwater Horizon oil drilling rig located off the coast of Louisiana killed eleven crewmen and set off what is now considered the largest offshore oil spill in U.S. history. As a result, BP p.l.c. (“BP”), the parent company of the British Petroleum multinational corporation, faces mounting liabilities related to the damages caused by the disaster and hundreds of lawsuits that have been filed in numerous U.S. state and federal courts.
USA, Energy & Natural Resources, Environment & Climate Change, Insolvency & Restructuring, Cadwalader Wickersham & Taft LLP, Pollution, Bankruptcy, Injunction, Liability (financial accounting), Public limited company, Subsidiary, Gross negligence, Deepwater Horizon oil spill, BP, Goldman Sachs, Clean Water Act 1972 (USA)
United Kingdom, Insolvency & Restructuring, Litigation, Squire Patton Boggs, Mediation, Cryptocurrency, Cladding, Non-fungible tokens, Insolvency, American Bankruptcy Institute, Transfer of Undertakings (Protection of Employment) Regulations 2006 (UK), Pensions Act 2004 (UK), Building Safety Act 2022 (UK)