Oil Spill Crude Disaster
Judge pares fees for attorneys in BP case
Posted: Jan 19, 2012 2:50 PM by AP
NEW ORLEANS (AP) - A federal judge has ruled that people pursuing their Gulf of Mexico oil spill claims against BP outside of federal court do not have to pay fees to hundreds of lawyers working on behalf of about 120,000 claimants fighting the oil giant in court.
U.S. District Judge Carl Barbier issued the ruling Wednesday to clarify a previous ruling he made that left everyone still seeking damage payments from BP - even those seeking to settle their cases outside of court - having to pay 6 percent of their claims into an escrow fund. The escrow fund is being set up to pay lawyers suing BP and other companies involved in the nation's largest offshore oil spill.
A trial is set to take place Feb. 27 over the spill.
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