Lawyers, guns and money…now featuring the Feds!

In the Gulf of Mexico, the government serves two fundamental roles: 1. They are the protective savior, providing certain corporations and clean-up contractors legal cover for any consequences that might arise from the manufacture and use of poisonous products. or… 2. They are an overprotective savior, goose-stepping boogeymen who don’t know shit about marine life, and waste everyone’s time getting in the way of big … Continue reading Lawyers, guns and money…now featuring the Feds!

The documents are confidential because everything is fine…or not.

The word is out. The National Marine Fisheries Service have prepared a number of documents, data about Gulf fisheries and fishers to help the legal types better determine the status of fishing in the Gulf both before and after the spill. Involved lawyers will now be able to read over these documents and answer, for themselves perhaps, a number of questions: the fisheries are okay, … Continue reading The documents are confidential because everything is fine…or not.

Another coincidence, BP settlement style…

The settlement between British Petroleum and the Plaintiff Steering Committee has been reported to be $7.8 billion dollars, and also without a cap. This means that when all is said and done, if the settlement amount exceeds this monetary figure, well…so be it as British Petroleum has maintained the $7.8 billion dollar amount is only an estimate…could be more, could be less. Either way, consider the plaintiffs … Continue reading Another coincidence, BP settlement style…

What Tony Hayward can do with his bonus…

Did you hear? Tony Hayward, he of the BP oil spill Haywards, is set to get a bonus of 125,000 shares of BP stock at a current share price of $46 plus that would hold a rough value of $5,831,000 dollars. Yes, seriously. BP is planning to give him this bonus because of improved earnings per barrel in refining and marketing during the years of 2009-2011…and it … Continue reading What Tony Hayward can do with his bonus…

Making it up as he goes…

Two days ago, Carl Barbier, the federal judge overseeing the Deepwater Horizon litigation decided that a gang of lawyers, so named the plaintiff steering committee, should benefit from a reimbursement fund, designed to pay them for the money they’re spending to sue BP on behalf of their clients. One of the many problems with this decision is this fund will not be paid for by … Continue reading Making it up as he goes…