BP Oil Spill

A potpourri that’s been thrown away.

It’s a bit of a slow news day around here. Our thoughts and prayers are with the people who have been tornadoed.

I was on the Huckabee show trying to explain the IRS scandal to rabid conservatives. It was like a “road game.” I don’t really feel like providing the considered, rational counter-argument to all the people who are more interested in blaming people than fixing things.

Some of the few legal stories floating around today that don’t involve “OMG OBAMA IS LIKE NIXON (minus all the lying and paranoia)” are things that have been overturned by higher authorities. Like all media outlets, we’re pretty good at covering new laws or lawsuits or convictions as they happen, but less good when a higher court quietly says “GTFO.”

So let’s take this opportunity to breeze through three things that were happening and are now probably not going to happen. We’ve got some abortion news, some BP oil spill news (remember that?), but let’s start with a murdering bastard in Guatemala who looks like he’ll escape justice again…

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DaNae Couch

* The Department of Justice has reached yet another settlement in the Deepwater Horizon oil spill case, this time with Transocean Ltd. for $1.4 billion in civil and criminal penalties and fines. [National Law Journal]

* “[W]ith success comes regulatory scrutiny.” Google convinced the FTC to close its ongoing antitrust probe by promising to change its allegedly shady patent usage and purportedly skewed search terms. [Bloomberg]

* According to Littler Mendelson, federal contractors might want to consider sending out sequestration-related layoff notices to employees in order to comply with the WARN Act. America, f**k yeah! [Government Executive]

* Governor Andrew Cuomo will have a major impact on the New York Court of Appeals when appointing new judges. It could be a partisan decision, but his father, former Governor Mario Cuomo, insists his son will leave politics at home. [Capital New York]

* When you write in defense of the value proposition of law school, you wind up in the op-ed pages of the NYT. When you tell the truth about it, you wind up in the opinion pages of the WSJ. [Wall Street Journal (sub. req.)]

* Remember Danae Couch, the Texas Tech law student who was crowned as Miss Texas? She’ll compete for the Miss America title next weekend. If you’d like to help her become a finalist, you can vote for her here! [KFYO]

Do you remember the BP oil spill? Environmental disaster, engineering fail, news media miss… except for Aaron Sorkin and his amazing hindsight reporting. You know, the BP oil spill.

Yesterday, BP accepted criminal responsibility for the Deepwater Horizon explosion and agreed to pay $4.5 billion in fines and restitution. That’s a record. And, sure, that $4.5 billion is less than a quarter’s worth of profits at BP, but what are you going to do?

And BP isn’t done paying for this. Civil penalties will be coming to a theater near you.

But is all this too much? BP has been selling assets and firing staff to pay for these penalties. On the other hand, something tells me that they’re still going to aggressively drill for oil wherever they’re legally allowed to do so….

double red triangle arrows Continue reading “BP Oil Spill Penalties: Too Much, Just Right, Or We Ain’t Seen Nothing Yet”

* Arizona’s immigration law is heading to the Supreme Court today. Meanwhile, former Senator Dennis DeConcini lobbed the worst insult ever against his state. How embarrassing for you, Arizona. [New York Times]

* Will Wal-Mart regret not disclosing its bribery investigation sooner? Not when the delay saved millions in criminal fines. What Wal-Mart will regret is being forced into disclosure by the NYT narcs. [Corporate Counsel]

* Delete all the oil from ocean, and then maybe we’ll care about this. A former BP employee was charged with obstruction of justice for deleting texts having to do with the Deepwater Horizon disaster. [Bloomberg]

* The Tennessee Board of Law Examiners has granted Duncan Law an extension on its bid for ABA accreditation. Woohoo, five more years of allowing students to “negligently enroll.” [Knoxville News Sentinel]

* “Once you cross the six-figure mark, you think, what’s a few thousand dollars more?” You’re doing it wrong: you’re supposed to be bragging about a six-figure salary, not a six-figure debt obligation. [Baltimore Sun]

* New Jersey residents don’t always have the great pleasure of nearly being killed by two high-speed Lamborghinis, but when they do, they prefer that police officers be suspended and sue over it. [ABC News]

Morning Docket: 03.06.12

* Due process, judicial process, yeah, yeah, same difference. Not so, says Attorney General Eric Holder — especially when it comes to assassinating killing Americans abroad. [Blog of Legal Times]

* Now that BP has settled claims made by private sector plaintiffs, state and federal government lawyers are getting ready to wait “months, not weeks” for their new trial date. [Financial Times]

* Newt Gingrich wants his “Eye of the Tiger” copyright infringement suit to be dismissed. Listen, judge, if he can’t play this song, we won’t get our moon base or cheaper gas. [The Caucus / New York Times]

* As if being a Mets fan wasn’t bad enough on its own, Judge Jed Rakoff has struck again. He refused to dismiss Irving Picard’s lawsuit, and now the team’s owners must go to trial over millions. [Businessweek]

* Lawyers from Milberg will be joining Paul Ceglia’s legal team. They must not have checked this dude’s Facebook timeline — this is the the fifth firm to sign up for a Gibson Dunn sucker punch. [Bloomberg]

* Thanks to a decision by a three-judge panel of the Ninth Circuit, Jared Loughner will continue to be forcibly medicated. What better way to restore him to competency than to shove pills down his throat? [Reuters]

Morning Docket: 02.27.12

* It’s hard to get a mortgage if you have a lot of student debt, even if you make a lot of money. Who needs a house anyway? Your advanced degree will keep you warm. [BusinessWeek]

* A civil trial over BP’s Gulf Oil spill was supposed to start today, but it was postponed at the last minute. Is it just me or does it smell like settlement in here? [New York Times]

* As if anyone needed another reason to never take a Carnival Cruise…. [CNN]

* The Catholic Church just couldn’t handle sharing its ignominious spotlight with Penn State any longer. Attorneys allege that the late Cardinal Anthony Bevilacqua, former Archbishop of Philadelphia, destroyed a list of 35 active priests accused of child sexual abuse. [Washington Post]

* Some movie with no sound, color, explosions, or giant robots won a bunch of Academy Awards last night. I can’t say I care too much. Here’s a rundown of some classic cine con lawyers instead. [ABA Journal]

* Advice for art collectors: CHECK YOU PROVENANCE. [New York Times]

* Michael Rothenberg, executive director of New York Lawyers for the Public Interest, RIP. [New York Law Journal]

Non-Sequiturs: 10.21.11

A war hero comes home.

* Lawyers with four to seven years of experience are apparently now in demand. You know why? BECAUSE THEY FIRED ALL OF THEM TWO YEARS AGO! [WSJ Law Blog]

* Occupy Wall Street is now getting free hugs. It’s like, when you register as a liberal, somebody comes in the night and shoves your testicles back up inside you. [Dealbreaker]

* I dream of a day when eyewitness testimony is viewed as unreliable as DNA evidence is now thought to be reliable. [An Associate's Mind]

* If you are a lawyer, it’s really never about you. [What About Clients?]

Morgan Chu

* Even in the extremely unlikely scenario that one of these radical tax plans is adopted, tax lawyers will still find work. Believe it. [Going Concern]

* Morgan Chu, the hotshot Irell & Manella partner accused of sexual harassment, won a motion to compel arbitration of the dispute. [Law360 (subscription)]

* If you took the “over” on the cold day in Hell when BP is allowed to drill in the Gulf again, you’re gonna lose that bet. [New York Times]

* It’s a bit anticlimactic. And we’ve been pulled apart by political divisiveness. But we are just about done with the Iraq War! Yay? Ticker tape in Times Square, or is it going to be all, “Welcome home, while you were away we misplaced all the jobs and money”? [Politico]

Morning Docket: 04.21.11

* BP has its granny panties in a bunch over Transocean’s liability for the oil spill. So they’re suing. [Bloomberg]

* Major League Baseball sought to take over the Dodgers from Frank McCourt yesterday. Your move, Wilpon. [Los Angeles Times]

* Tax Lady Roni DEUTCH may be thrown in jail. I’m not entirely sure what’s going on in this video, but definitely wait for the thrown dog. [ABA Journal]

* Juvenile killers are hoping to reach the Supreme Court in an effort to overturn their life sentences. If their cases make it that far, they’ll undoubtedly find a certain justice who only cares about inferior MP3 players and Emilio Estefan. [New York Times]

* Something called the Second Amendment Foundation has sued Massachusetts over their law forbidding legal immigrants from owning handguns. Crocodile Dundee didn’t need a handgun. [Fox News Latino]

Yesterday, after whining about law schools on NPR, I motored over to the Fox headquarters on Sixth Avenue. They wanted me on to to talk about a post I did a couple of weeks ago, encouraging oil-spill victims to take their BP money from the $20 billion fund being administered by Ken Feinberg, instead of pursuing private lawsuits against BP. For the debate, they brought on a plaintiff’s lawyer.

I thought it was a good segment, and I do believe the BP fund will be better for the victims (and the justice system) than a slew of plaintiff’s lawyers jumping on BP — and taking a sizable cut out of whatever damages a judge (most likely) reduces.

But a commenter noted something that a few people have told me privately:

Ellie [sic], I think you are on the brink of finally embracing the fallacy of prudential regulation and the idea that government or semi-government programs are ever going to be able to take care of someone who refuses to take the most basic steps of self-preservation. I saw you on Fox News and I bet you vote Republican this November.

I don’t think I was accessing my inner elephant. But check out the clip and tell me what you think…

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Morning Docket: 07.28.10

Warren Jeffs

* A team of federal investigators called the “BP Squad” is starting up a criminal investigation into BP and its pals, Transocean and Halliburton. [Washington Post]

* The four justices of the Utah Supreme Court have reversed the rape convictions of polygamist leader Warren Jeffs. No word yet on their response to his marriage proposal. [How Appealing]

* The Sacramento firm of McDonough Holland & Allen is closing up shop by Labor Day, and its 80 or so attorneys are looking for new homes. [Am Law Daily]

* We can now return to not knowing or caring about Levinson Axelrod. [ABA Journal]

* Obama to Senate: plug the damn hole — in the ranks of the federal judiciary. [The BLT: The Blog of Legal Times]

* Texas is simultaneously fighting and following the new health care law — the Supremacy Clause is a real bi**h sometimes. [New York Times]

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