UK pension schemes and asset managers are suing BP in the Texas courts for tens of millions of pounds over alleged fraud and negligence before and after the Deepwater Horizon oil spill.
The explosion at the oil rig in the Gulf of Mexico on April 20, 2010 killed 11 workers and caused an environmental disaster which prompted BP's stock price to plummet nearly 50% within weeks. US...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders