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