Judged Newsletter

Sign Up for THE DAILY JUDGED VERDICT. Our daily newsletter covers law firm salaries and everything you want to know about changes affecting law firms from people in the know. Sign Up Now!


Judged

The Judge has grown weary of sulking in the shadows and letting the MeJDs and Chinaskis of Judged hog the limelight. Here you will find news about Judged, updates to our law firm rankings and the Judge’s daily ramblings. Want the real scoop? Check it out here.

Gender: Female
Industry: Law
Age: Unknown
Location: Undisclosed

Judged Blog
Biggest Fine in Criminal History Given to BP Oil Company


The ongoing trial for the BP oil spill that rocked the nation and beyond is slowly coming to an end. It all started with lawsuits being filed by family members of the deceased and today, BP is being fined by the U.S. and it’s a really big total. In fact, it’s the largest criminal fine to date. According to court records, the U.S. government fined BP $4.5 billion that wil have to be paid over a span of years. The British oil giant’s troubles started when an explosion occurred back in April 2010, when their Macondo oil well spilled over into the Gulf of Mexico. It is noted as being the biggest environmental disaster created by man in the history of the United States.

That’s not all of the charges that the oil company will face. BP agreed to plead guilty to 11 counts of felony and two of their employees will be charged with criminal manslaughter, based on their negligence at the company.

"All of us at BP deeply regret the tragic loss of life caused by the Deepwater Horizon accident, as well as the impact of the spill on the Gulf coast region," Bob Dudley, BP's chief executive, stated. "We apologize for our role in the accident, and as today's resolution with the U.S. government further reflects, we have accepted responsibility for our actions."



The felony charges that the two employees are faced with have to do with the 11 deaths that resulted from their misconduct or negligence. Under the Clean Water Act the employees face one misdemeanor count and an obstruction of Congress felony charge (based on two communications made between BP and a member of Congress at the time of the oil spill).

To go along with the U.S. criminal charges, BP also has civil suits against them from angry families that lost their loved ones in the accident (some of who have never been found). In order to pay the $40 billion in civil liability, BP came up with a plan to sell assets over a span of multiple years. The $4 billion owed to the Department of Justice is to be paid over a five-year period and the $525 million owed to the Securities and Exchange Commission will have to be paid over a three-year period.

"BP is prepared to vigorously defend itself against remaining civil claims," the company said. According to statements made by U.S. Attorney General Eric Holder on Thursday, federal criminal investigations are still being conducted for the oil spill.

11-29-2012

Post Comment

*Nick  *Password 

Comments:


Top Performing Jobs
Personal Injury Insurance Defense Attorney

USA-CA-Los Angeles

Hickey Smith Dodd is seeking a Personal Injury Insurance Defense Attorney in the...

Apply Now
Associate Attorney - Defense Litigation Experience

USA-TX-Dallas

Galloway\'s Dallas office is seeking an Associate Attorneys with 2 - 5 years of ...

Apply Now
Part-time Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

  Part-time Staff Attorney – Housing and Homelessness Preven...

Apply Now
JDJournal - Send Tips
Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an educatio...

Apply Now
Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education ...

Apply Now
Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an educatio...

Apply Now
Dear Judged


Dear Your Honor,
Dear Judge,

Do you ever experience any physical danger in the courtroom?  You do deal with all those criminals, right? 

Sincerly,

Concerned Bailiff's Mommy



+ more Judged Dear
+ write to Your Honor
Law Firm NewsMakers


1.
News Corp. Considers Splitting

LawCrossing

The Attorney Profile column is sponsored by LawCrossing, America`s leading legal job site.

Summary: This is a great question. There are many factors that impact a candidate’s ability to lateral from an overseas law firm to a top U.S. law firm.
Search Jobs Direct from Employer Career Pages
 Keywords:
 Location:
 
JDJournal

Enter your email address and start getting breaking law firm and legal news right now!



Every Alert

Alert once a day

 

BCG Attorney Search

You may search for specific jobs or browse our job listings.

Locations:

(hold down ctrl to choose multiple)

Minimum Years of Experience:

Primary Area of Practice:

 Partner Level Job(s)

Search Now