Wednesday, June 2, 2010

BP's investors react to lawsuits & cleanup costs

Here is an article in the NY Times.  The best part is a quote from BC Law Professor and former chairman of the legal task force on the Exxon Valdez oil spill, Zygmunt J.B. Plater

“It’s going to be a jungle of different kinds of legal beasts running around.”

I have four words for you, BP: punitive damages class action.  See Catherine Sharkey's article The Exxon Valdez Litigation Marathon for more.

ADL

http://lawprofessors.typepad.com/mass_tort_litigation/2010/06/bps-investors-react-to-lawsuits-cleanup-costs.html

Environmental Torts, Mass Disasters | Permalink

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