TN businessman files suit, seeking class action against BP, Halliburton, Transocean

[guruoo]

John Faris and Faris Properties LLC lawsuit (pdf): http://web.knoxnews.com/pdf/2010/may/052110farris.pdf


Knox businessman sues BP
Suit seeks class-action status, claims oil spill hurts property values
By Josh Flory


A local businessman has sued BP and other defendants, alleging that a massive oil spill in the Gulf of Mexico has caused damage to the value of Gulf-front properties he owns.

The class-action complaint was filed this week in U.S. District Court by John Faris and Faris Properties LLC II. It says the plaintiffs are seeking to act as class representatives for all Tennessee resident property owners whose Gulf-front properties — or properties near the Gulf — have lost value because of actions by the defendants.

Other defendants in the suit include Transocean Ltd., the driller in the Deepwater Horizon case; and Halliburton Energy Services, which provided cementing and other services on the Deepwater rig.

Last month, the offshore drilling rig Deepwater Horizon was rocked by an explosion that killed 11 workers and has sent at least 6 million gallons of oil spilling into the Gulf of Mexico, making it the worst U.S. environmental disaster in decades.

http://www.knoxnews.com/news/2010/may/20/knox-businessman-sues-bp/

[T Wolf]

1. I have to believe that lawsuits on this (economic) basis will have a greater chance of success

than suits over actual environmental damage.

But anything that helps to bring down these criminal organizations is good.

By any means necessary.

[guruoo]

4. And you can't blame the 'evil gubment' for it

[paparush]

2. Queue the Republican WAIL machine!

Those wacky Thugs and their devotion to all things "Free Market" (and by Free Market they mean back room deals, kick backs, no bid contracts, nepotism, that sort of thing) and how these greedy, narrow minded lawyers will quell the free market.

[Toots]

3. Since when did Tennessee have a Gulf coast?

I thought there was at least one state between Tennessee and the Gulf Coast.

[Ladyinblack]

5. BP

BP has hurt everyone. If you care about our economy our environment. If you enjoy watching sea life if you believe we are stewards of this earth. If you like to eat seafood if you care about those who make their living from the sea. It could go on and on.
We should have a class action suit.

I am disappointed in this adm for not taking charge of this disaster .