BP CHALLENGES $18 BLN
Lawyers for BP have called for a retrial or a revised judgment after spotting what they believe to be a legal mistake in the court ruling last month that the company acted with gross negligence in the 2010 Deepwater Horizon disaster.
The argument is the first formal response that the UK oil group has made to the court's decision, which left BP facing a maximum official penalty of $18bn.
In a filing on Thursday evening to the US district court in New Orleans, BP argued that Judge Carl Barbier, who is hearing the civil case over the disaster, relied on evidence that had been excluded from the trial when reaching…
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