BP is Bankrupt! This is how.
They do not own the assets that they say they do. They lease or contract the assets they have. This is done through thousands of subsidiary and partnerships world wide. According to the Delaware State Government there are thousands registered there alone. Below is a link to just a few.
Now if you take into consideration the
Court of Chancery the gulf does not stand a chance. In addition the network of corporations is astounding. Beyond Petroleum is get...
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