Comment by kortilla
10 hours ago
“A made up scenario, I am outraged!”
Do you know that BP wasn’t the company that spilled? LLCs don’t let you shirk responsibility like that.
10 hours ago
“A made up scenario, I am outraged!”
Do you know that BP wasn’t the company that spilled? LLCs don’t let you shirk responsibility like that.
Deepwater Horizon isn’t a ship.
https://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill
But the effect is that oil companies just manage the logistics of the ships and don’t own/operate them themselves.
Ex. BP founded an entity to manage all the ships they were acquiring and later sold all the ships off to avoid liability.
https://en.wikipedia.org/wiki/BP_Shipping