Thousands opt out of class-action oil spill settlement
Published: November 1,2012
Tags: accident, death, disaster, disaster recovery, ecosystem, energy, environment, explosion, fataslity, fuel, gasoline, natural gas, offshore drilling, Oil, oil spill, oilrig, petroleum, pollution, seafood, wildlife
NEW ORLEANS — The architects of a proposed class-action settlement of claims spawned by the 2010 oil spill in the Gulf of Mexico are confident it won’t be derailed by thousands of businesses and individuals opting out of the deal.
Thursday is the deadline for claimants to postmark written requests to opt out of the multibillion-dollar pact between BP PLC and a team of plaintiffs’ attorneys.
Patrick Juneau, administrator of the court-supervised claims process, said roughly 2,300 potential plaintiffs had opted out as of yesterday. But Juneau said a final number won’t be known until early next week.
Steve Herman, one of the lead plaintiffs’ attorneys in the BP litigation, said in an email that he sees “very little chance” that the deal will fall apart based on the number of opt outs.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Top 40 Under 40
- Terminal upgrade on indefinite hold at Jackson International Airport
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- Bids on reworking Interstate 55 stretch are rejected
- CFPB wants repay ability at center of new payday loan rules
- MDA to close all its regional offices
- Top 40 Under 40 (digital magazine)