Shell also among shareholders bringing class action in Texas over disastrous 2010 oil spill in Gulf of Mexico Pension funds from London borough councils and even Shell are among a new group of shareholders suing BP in Texas over the Deepwater Horizon accident. The lawsuit, which could potentially be extremely costly for the oil group, follows recent US court rulings opening the way to challenges from those who bought financial stakes in BP outside the country.
BP faces Deepwater Horizon lawsuit by investors including London councils
The Guardian - 4 Jul 2014 23:46
Shell also among shareholders bringing class action in Texas over disastrous 2010 oil spill in Gulf of Mexico Pension funds from London borough councils and even Shell are among a new group of shareholders suing BP in Texas over the Deepwater Horizon accident. The lawsuit, which could potentially be extremely costly for the oil group, follows recent US court rulings opening the way to challenges from those who bought financial stakes in BP outside the country.
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