A top BP PLC executive declined to be specific today when pressed at a congressional hearing to say what kind of claims the company will pay from the Deepwater Horizon oil spill. The House Judiciary Committee is holding a hearing on the liability questions surrounding the Gulf of Mexico spill, including the response of the companies involved and the damage limits written into federal law. Darryl Willis, BP’s vice president for resources, is representing the company at the hearing. “We are going to pay all legitimate claims,” Willis said, repeating a company refrain that has drawn skepticism from lawmakers and ... Read More
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