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.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- MBJ Special report: MDA numbers help with cities’ retail pitches
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- COO of TL Wallace Construction keeps eye on revenue growth and profits
- RAISING AWARENESS — Lori Newcomb, family join fight against ovarian cancer
- Isle of Capri reports decreased in-state revenues; experiencing 'market pressures'
- DREAMS AND OYSTERS — Houstons set for August opening of Saltine in Fondren