Louisiana AG given go-ahead to investigate BP

BATON ROUGE, La. — Louisiana Attorney General Buddy Caldwell has been told he can go ahead with his investigation of BP, the rig explosion that’s dumping oil into the Gulf of Mexico, and the company’s process for compensating Louisianans affected by the disaster.

A news release yesterday said Judicial District Court Judge Joy C. Lobrano June 10 approved Caldwell’s petition requesting that BP turn over data related to the oil spill claims process and information on the explosion and spill.

The petition also requested that BP provide information on the composition of mud used in the drilling and the failed “top kill” operation, and on the use and effects of chemical dispersants, and all air and water quality data.

BP has 10 days to raise objections. After that, Caldwell can begin his investigation.

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One Response to “Louisiana AG given go-ahead to investigate BP”

  1. Tony Gentile Says:

    Re: Oil disaster; Attorney General; plaintiffs’ lawyers

    I am the Libertarian candidate for the United States Senate in Lousiana.

    I believe federal and state governments have an important role in passing laws that reasonably regulate business and that allow fines and other monetary costs to be imposed on businesses, such as is exemplified in the BP oil disaster.

    These laws and regulation should emanate from a legitimate democratic process that mediates affected public and private interests. The government employees, from the President on down, who enforce the laws and regulations, should be attuned to the balancing that the law manifests, and they should not be biased by financial interests of their own. This includes an important role for the Louisiana Attorney General

    Recovering from the oil disaster is going to take a very long time and will require many billions of dollars for damage control, clean up costs, and compensation and other aid to persons who are damaged economically. Given the great demand for financial resources needed to recover from the oil disaster, available resources should be expended as effectively and productively as possible and should not be wasted.

    Hopefully the governmental regulators, the Louisiana Attorney General and BP employees, in doing their work, are working to see that available financial resources are being utilized as effectively and productively as possible, including to ferret out wrongdoing.

    I regret to say that I believe there are parties hovering over the oil disaster whose main interest is divert into their own pockets financial resources needed for recovery from the oil disaster.

    I am referring to the plaintiffs’ lawyers. It is likely that hundreds of millions or billions of dollars is going to be paid to plaintiffs’ lawyers (and defense lawyers) related to the determination and finalization of BP’s liability and to whom the liability is owing.

    I think this is wrong. I don’t think it should cost more than $50,000,000 to determine the amount of the liability and to whom it is owed. Hundreds of millions or billions of dollars should not have to be paid to lawyers for their role, and most of those amounts would be much better spent as part of the compensation paid to persons who suffer losses from the oil disaster. The moneys could also be better spent by not being paid at all and being available for use by BP and other companies who had the misfortune of contributing to the happening of the accident, in order that those parties can continue their legitimate business of producing oil for the benefit of the county, providing jobs, and paying dividends to hundreds of thousands of stockholders, big and small, including retirement plans, who are dependent on and deserving of financial returns from their investments.

    Recovery from the oil disaster is going to be very onerous. As a candidate for the U.S. Senate from Louisiana, I wish to state my position to the voters that I do not think the plaintiffs’ lawyers should get paid hundreds of millions or billions of dollars in order for the liability in question to get sorted out and those moneys could be better spent in other ways to help Louisiana recover from the oil disaster.

    Tony Gentile
    Libertarian Candidate for United States Senator from Louisiana

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