Monday, May 10, 2010

Deepwater Horizon Gulf of Mexico Oil Spill

When the Deepwater Horizon Oil Well exploded last month, initially there was confusion as to which corporate entity would be held financially liable for this terrible accident. BP, Cameron, Halliburton and Transocean all were connected with this ongoing oil spill. By using EFIS’s on-line Corporate Guide editor practically all of a particular company’s corporate relations are laid out on a computer screen. Virtually all name changes, acquisitions since the 1800’s, as well current corporate entity relationships are at the users’ fingertips. A researcher can link the historical name changes and acquisitions simply by clicking them. The Guide is truly “Your Passport to the Corporate World/ Interconnecting business and the environment”. This powerful, but user friendly, system can be a useful research tool in establishing all the corporate interconnections to identify the PRP’s (potentially responsible parties) involved in tragic environmental events such as the Deepwater Horizon Gulf of Mexico Oil spill.