NEW ORLEANS — BP marked the first anniversary of the massive Gulf of Mexico oil spill with a $40 billion lawsuit blaming the disaster on its partners, as Gulf residents held somber vigils and relatives flew over the waters where 11 oil rig workers died.

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NEW YORK (AP) — As the Gulf oil spill gushed out of control, BP’s financial liabilities seemed big enough to sink the company. No more.

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WASHINGTON, D.C. — The Justice Department on Wednesday sued BP Exploration and Production Inc. and eight other companies in the Gulf oil spill disaster in an effort to recover billions of dollars from the largest offshore spill in U.S. history.

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NEW ORLEANS — The first federal trial for damage claims by businesses and individuals complaining of financial losses from the Gulf Coast oil spill could be held next summer, a judge said Friday.

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NEW YORK CITY — BP is planning to sell $2 billion to $3 billion in new bonds for the first time in more than a year. The move takes advantage of low interest rates and adds a fresh infusion of cash before incoming ...

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LONDON — Outgoing BP CEO Tony Hayward will come under scrutiny from British lawmakers Wednesday over the Gulf of Mexico oil spill, months after he offered few explanations for the accident at a testy hearing in Washington.

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BOISE — A New Orleans federal judge will manage the 300 lawsuits filed in the wake of the Gulf of Mexico oil spill, a federal judicial panel has ordered. The U.S. Judicial Panel on Multidistrict Litigation, which met in Boise ...

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Dozens of coastal attorneys have descended on remote, land-locked Boise for a hearing in federal court to decide what to do with several hundred lawsuits arising from the Gulf of Mexico oil spill.

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BP PLC and the other companies involved in the Gulf of Mexico oil spill are faced with fast-multiplying lawsuits that will provoke one of the most drawn-out and costliest legal battles in U.S. history, one that could easily ...

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WASHINGTON, D.C. (AP) — The IRS wants its cut from oil spill victims who receive BP payments for lost wages.

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ALBANY — New York Comptroller Thomas DiNapoli has moved to become the lead plaintiff in a class-action federal suit by investors against BP over the oil spill in the Gulf of Mexico.

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ALBANY — New York Comptroller Thomas DiNapoli has moved to become the lead plaintiff in a class-action federal suit by investors against BP over the oil spill in the Gulf of Mexico.

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