Move Over Amchem – The BP Settlement Class Action Is Here

George Conk has the links to the BP settlement class action.  A quote from the complaint: “The principle was two-fold:  to design claims frameworks that fit a wide array of damage categories, and, within each category, to treat like claims alike, so as to proceed with both fairness and predictability.”  

Conk also notes that the settlement offers a “risk transfer premium” for future injuries/losses.   You can find more posts here.

Interesting to think how the court will treat this high profile settlement class action, whether there will be objectors and appeals.

ADL