re: #295 Cato the Elder

That’s one outcome - and it’s a plausible one.

Another outcome is that BP, which has been pushing an eco-conscious identity to distinguish itself from other oil companies, may fulfill its obligations to those who were harmed by the leaks knowing that it might prove to be cheaper to cleanup than fight the legal battles over its liabilities.

However, they might pursue legal action against the other parties involved for their share - including Halliburton, Deepwater’s owner, and any other actionable parties.

BP would demand indemnification for their payout.

Also, the legal situation is a bit different from Exxon; given the way the law shook out and various states and the feds enacted various oil spill compensation laws.