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BP’s Macondo liabilities unlikely to be visible until 2014 – Citi – Proactive Investors UK 0

Posted on November 29, 2011 by bp complaints

Business Insider

BP's Macondo liabilities unlikely to be visible until 2014 – Citi
Proactive Investors UK
suggests that proceedings connected to the Macondo oil disaster in the Gulf of Mexico could last into late 2013 and that the full extension of liabilities are unlikely to be visible until 2014. So say analysts at investment bank Citigroup.
BP Gulf Payout Pushed Back As Trial Could Go On For YearsBusiness Insider
BP's Macondo Legal Proceedings May Last to 2014, Citigroup SaysBusinessWeek

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