Macondo
JSHG Partner Gladstone Jones Quoted in New York Times Article on BP Oil Spill Settlement
Gladstone Jones, a founding partner of Jones, Swanson, Huddell & Garrison, was quoted in a March 19th New York Times article about the proposed BP settlement and its exclusion of moratorium claims. “It is time for BP to pay these companies or it is time for the court to let me try my cases,” said [...]
Update on BP Settlement and Treatment of “Moratorium Claims”
On March 2, 2012, BP and the Court announced a class-wide settlement in principle for two plaintiffs’ classes with regard to the BP oil spill. Of special interest to our clients and friends is the class of plaintiffs claiming economic damages as a result of the spill. The settlement will provide a mechanism to pay claims to businesses [...]
BP Settlement in Principle Promises Better Claims Process for Victims of the 2010 Oil Spill
Following extensive negotiation, the Plaintiffs’ Steering Committee (PSC) for the multi-district litigation arising out of the Deepwater Horizon disaster has reached a settlement in principle with BP that, if approved by the court, would compensate hundreds of thousands of individuals and businesses. The settlement promises a more transparent and claimant-friendly process that will replace the [...]
