Reply #15: I don't believe this para to be true [View All]

[dipsydoodle]

"What if BP chose to file for bankruptcy in the U.K., something that’s well within its rights? No doubt London courts would deliver an outcome more favorable to BP. And they’re apt to be less generous when it comes to paying damages to folks three times removed from directly affected claimants."

One of the big four international auditing firms would be appoined receiver and as such there would be no cause for favoratism.

And this bit cracks me up :

No wonder Congress wants to shut down that option. House Judiciary Chairman John Conyers, Democrat of Michigan, introduced a bill that would, among other things, prevent BP from seeking bankruptcy protection in the U.K.

and exactly how does he intend to do that ? You cannot use either your constitution or your laws in the UK where they do not apply.

Back to gardening.