Posts Tagged ‘settlement’

Drew Brees settles lawsuit alleging investment fraud

NEW ORLEANS — New Orleans Saints quarterback Drew Brees has settled a lawsuit with a former teammate who allegedly advising him to invest $160,000 in tax credits that turned out to be bogus, court records show. The suit filed on Brees’ behalf in federal court in 2013 alleged former Saints long snapper Kevin Houser, a […] [...]

Judge: Businesses shouldn’t repay oil spill settlement money

NEW ORLEANS — A federal judge has ruled that BP must stand by the agreement made with the companies it compensated for losses after the 2010 Gulf oil spill despite the oil giant saying some claims were overestimated. BP argued that a flawed funding formula enabled nearly 800 businesses to overestimate their spill-related claims. One […] [...]

Barbier to hear arguments over repayment of oil spill settlement money

by Published: September 24,2014

Tags: bench, BP, Carl Barbier, court, energy, judghe, justice, law, legal, oil spill, settlement

NEW ORLEANS — The federal judge for Gulf of Mexico oil spill cases was set to hear arguments today about whether BP PLC should get back hundreds of millions of dollars from businesses that got settlement payments between August 2012 and October 2013. The oil company says that’s only fair because Judge Carl Barbier found […] [...]

Lawsuit settled involving state’s cap on non-economic damages

JACKSON — The parties in a lawsuit challenging the constitutionality of a legislatively imposed cap on how much juries can award in non-economic damages say they have settled the case. Oral arguments had been set for tomorrow in Jackson before the Mississippi Supreme Court. The Supreme Court canceled the hearing and allowed the parties 90 […] [...]

State to receive $35M from settlement with Pfizer

JACKSON — Mississippi will receive $532,675 part of a $35 million settlement with a Pfizer Inc. subsidiary over the marketing of an organ-transplant drug. Mississippi and 41 other states are involved in the settlement with Pfizer, the parent company of Wyeth Pharmaceuticals Inc. The deal resolves allegations Wyeth misrepresented the uses of the drug Rapamune. […] [...]

BP wants Supreme Court to toss part of oil spill settlement plan

NEW ORLEANS — BP PLC has asked the U.S. Supreme Court to throw out part of its settlement of claims for damage from its enormous oil spill in 2010 — a section saying businesses don’t have to prove that the spill directly harmed them to be eligible for payment, only that they lost money afterward […] [...]

Pickwick Pines settles lawsuit; pays $260K

IUKA — Pickwick Pines Resort and its owner have agreed to pay $260,000 to settle a consumer protection lawsuit that the state attorney general filed in federal bankruptcy court. The Northeast Mississippi Daily Journal reports that the resort’s owner, David McMeans, will pay $10,000 to the attorney general’s Consumer Protection Fund. He also will pay […] [...]

DHS, Children’s Rights reaches yet another agreement

JACKSON — Mississippi officials and a group that sued over the state’s child welfare system have reached a third settlement. At the center of the new proposal is the hiring of a “director for sustainable transformation” at the Mississippi Department of Human Services to oversee efforts to improve the agency’s ability to protect and support […] [...]

State’s consumers in line for payments under SunTrust settlement

JACKSON — Attorney General Jim Hood says Mississippi consumers will be eligible for payments under a settlement between 48 states, the federal government and SunTrust. The U.S. Justice Department said yesterday the $968-million settlement resolves allegations that SunTrust underwrote and provided faulty mortgage loans. The federal government accused SunTrust of giving borrowers false and misleading […] [...]

Findings of study on health of oil spill cleanup workers to be released

GULF OF MEXICO — When a BP oil well began gushing crude into the Gulf of Mexico four years ago, fisherman George Barisich used his boat to help clean up the millions of gallons of spew that would become the worst offshore spill in U.S. history. Like so many Gulf Coast residents who pitched in […] [...]

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