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Company: BP
Current Parent Company:
BP
Parent at the Time of the Penalty Announcement:
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Penalty: $7,800,000,000
Year: 2012
Date: December 21, 2012
Offense Group: environment-related offenses
Primary Offense: oil spill
Mega-Scandal:
Deepwater Horizon
Violation Description: BP agreed to pay an estimated $7.8 billion to settle class action claims for economic loss, property damage and medical injuries in connection with the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Louisiana
Civil or Criminal Case: civil
Case ID: MDL No. 2179
Case Name: In Re: Oil Spill by the Oil Rig "Deepwater Horizon" in the Gulf of Mexico, on April 20, 2010
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oil and gas
Specific Industry of Current Parent: oil & gas
Source of Data:
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Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.