BP Told to Stop Distributing Oil Spill Settlement Agreements

[G_j]

http://www.cbsnews.com/8301-503544_162-20003978-503544.html

May 3, 2010 11:52 AM
BP Told to Stop Distributing Oil Spill Settlement Agreements
Posted by Stephanie Condon

BP is financially responsible for the devastatingly massive oil spill off the Gulf of Mexico, but some are concerned the oil company isn't giving residents along the affected coastline or emergency relief crews a fair shake.

Alabama Attorney General Troy King said Sunday night that he has told BP they should stop circulating settlement agreements among coastal Alabamians, the Mobile Press-Register reports. King reportedly said the agreements stipulate that residents will give up their right to sue the company in exchange for a payment of up to $5,000.

"People need to proceed with caution and understand the ramifications before signing something like that," said King, who noted that he is prohibited from giving legal advice to private citizens. "They should seek appropriate counsel to make sure their rights are protected."

The Press-Register reports that BP spokesman Darren Beaudo responded, "To the best of my knowledge BP did not ask residents of Alabama to waive their legal rights in the way that has been described."

U.S. Homeland Security Secretary Janet Napolitano and Interior Secretary Ken Salazar are holding a conference call with BP executives later today to discuss the claims process for people impacted by the oil spill, CBS News White House Correspondent Peter Maer reports.

..more..

[joeybee12]

1. 'Did not ask to waive their legal rights IN THE WAY THAT HAS BEEN DESCRIBED"

What a putz.

[damntexdem]

2. I think that they should be able to distribute agreements in which ...

individuals give up their rights to sue in return for payments of $5 billion each.

;-)

[G_j]

4. ha!

sounds like a plan!

[jotsy]

3. Quick, sign here, before you get a sense of how much this is really gonna cost!

Is there no limit to what ass wipes these profiteering polluters are?

:mad:

A kick to match the few thousand I'd like to offer these bozos!