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BP » Topics » E NFORCEABILITY OF CERTAIN CIVIL LIABILITIES

This excerpt taken from the BP 424B5 filed Aug 7, 2009.

ENFORCEABILITY OF CERTAIN CIVIL LIABILITIES

BP and BP Capital U.K. are public limited companies incorporated under the laws of England and Wales. Many of our directors and officers, and some of the experts named in this document, reside outside the United States, principally in the United Kingdom. In addition, although we have substantial assets in the United States, a large portion of our assets and the assets of our directors and officers is located outside of the United States. As a result, U.S. investors may find it difficult in a lawsuit based on the civil liability provisions of the U.S. federal securities laws:

 

  •  

to effect service within the United States upon us or our directors and officers located outside the United States;

 

  •  

to enforce in U.S. courts or outside the United States judgments obtained against us or those persons in the U.S. courts;

 

  •  

to enforce in U.S. courts judgments obtained against us or those persons in courts in jurisdictions outside the United States; and

 

  •  

to enforce against us or those persons in the United Kingdom, whether in original actions or in actions for the enforcement of judgments of U.S. courts, civil liabilities based solely upon the U.S. federal securities laws.

 

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This excerpt taken from the BP 424B5 filed May 5, 2009.

ENFORCEABILITY OF CERTAIN CIVIL LIABILITIES

BP and BP Capital U.K. are public limited companies incorporated under the laws of England and Wales. Many of our directors and officers, and some of the experts named in this document, reside outside the United States, principally in the United Kingdom. In addition, although we have substantial assets in the United States, a large portion of our assets and the assets of our directors and officers is located outside of the United States. As a result, U.S. investors may find it difficult in a lawsuit based on the civil liability provisions of the U.S. federal securities laws:

 

  •  

to effect service within the United States upon us or our directors and officers located outside the United States;

 

  •  

to enforce in U.S. courts or outside the United States judgments obtained against us or those persons in the U.S. courts;

 

  •  

to enforce in U.S. courts judgments obtained against us or those persons in courts in jurisdictions outside the United States; and

 

  •  

to enforce against us or those persons in the United Kingdom, whether in original actions or in actions for the enforcement of judgments of U.S. courts, civil liabilities based solely upon the U.S. federal securities laws.

 

44

Table of Contents

EXCERPTS ON THIS PAGE:

424B5
Aug 7, 2009
424B5
May 5, 2009

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