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Posts Tagged ‘settlement’

Barbier schedules trial to hear non-class action claims

NEW ORLEANS — The federal judge who will decide whether to approve a class-action settlement of claims against BP PLC has scheduled a January 2013 trial for other claims spawned by the deadly blowout of the company’s deepwater well in the Gulf Mexico. After meeting yesterday behind closed doors with attorneys, U.S. District Judge Carl [...] [...]

Barbier gives preliminary approval to BP oil spill settlement

NEW ORLEANS — A federal judge yesterday preliminarily approved a proposed class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico. U.S. District Judge Carl Barbier’s ruling allows the settlement process to proceed, but he will hold a “fairness hearing” on Nov. 8 [...] [...]

Lawyer reports McAllister, Nissan reach settlement

JACKSON — A lawyer for Deuce McAllister says a deal has been reached with Nissan Motor Acceptance Corp. in a federal lawsuit over the former Ole Miss and New Orleans Saints running back’s failed Mississippi car dealership. Attorney Joe Roberts tells The Associated Press the settlement has been submitted to the court for approval. He [...] [...]

Judge set to preside over oil spill settlement; Halliburton objects

NEW ORLEANS — A federal judge in New Orleans is set to preside over a hearing on a proposed class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico. BP PLC and a team of plaintiffs’ attorneys are seeking U.S. District Judge Carl [...] [...]

State could soon reach settlement over failed beef plant

OAKLAND — Mississippi could soon settle its 2007 lawsuit against the firms that built the financially disastrous beef plant in the Yalobusha County town of Oakland. Jan Schaefer, a spokeswoman for Attorney General Jim Hood, said the state and Georgia’s Facility Group, which was hired to oversee construction of the plant, have reached agreement although [...] [...]

Pharmaceutical company settles civil allegations for $2.8M

by Associated Press Published: March 29,2012

Tags: courts, drugs, federal government, fraud, funding, manufacturing, marketing, medicine, pharmaceuticals, settlement

MADISON — A Mississippi-based pharmaceutical company has agreed to pay $2.8 million to resolve civil allegations that the manufacturer falsely marketed skin products to receive government funding. U.S. Attorney John M. Bales said yesterday Cypress Pharmaceutical Inc., a subsidiary and CEO Max Draughn will pay $1.6 million to the military’s TRICARE program and $1.2 million [...] [...]

Transocean chief executive hoping for comprehensive oil spill settlement

NEW ORLEANS — The head of Transocean Ltd. says the company is hoping for a comprehensive legal settlement of claims resulting from the BP oil spill. Transocean chief executive Steve Newman told a conference of investment analysts in New Orleans today such a settlement would have “to recognize the relationship” between a drilling company and [...] [...]

BP still faces hurdles after $7.8B oil spill settlement

GULF OF MEXICO — BP’s multibillion-dollar settlement with people and businesses harmed by its 2010 oil spill removes some uncertainty about the potential financial damages it faces. It also may help the company restore its all-important relationship with the federal government. Although the oil company still has a few major legal and financial hurdles to [...] [...]

Settlement talks delay BP oil spill trial

NEW ORLEANS — A judge has delayed the federal trial over the nation’s worst offshore oil disaster by a week, saying yesterday BP PLC was making some progress in settlement talks with a committee overseeing scores of lawsuits, according to people close to the case. Two people close to the case told The Associated Press [...] [...]

MOEX settlement for oil spill to go into Pollution Emergency Fund

MISSISSIPPI GULF COAST — Mississippi’s share of a settlement from a minority partner in BP’s blown-out well in the Gulf of Mexico will go into the state’s Pollution Emergency Fund. The Mississippi Department of Environmental Quality supervises the fund. Attorney General Jim Hood said in a news release yesterday that MOEX Offshore will spend another [...] [...]

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