Tag$7.8 billion settlement

UPDATED: The “largest criminal penalty in U.S. history” still isn’t enough to make BP pay for its crimes against the Gulf


UPDATE: The settlement has been announced and there’s bad news and good news. The criminal fine — while on one hand it is indeed the largest in American history, at $4.5 billion — falls far short of making good on the damage BP did to the Gulf and is in fact less than the company typically earns in just one three-month quarter, according to its financial reports. The good news...

Stuart H. Smith is an attorney based in New Orleans fighting major oil companies and other polluters.
Cooper Law Firm

Follow Us

© Stuart H Smith, LLC