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News
September 4, 2015

In the News Today – September 4, 2015

The New Orleans Times-Picayune cites a Louisiana Record report that shows, “law firms with political players on their staff stand to take in millions in fees from cities and towns that collected damages from BP to settle claims from the Deepwater Horizon oil spill.” (Times-Picayune)

Chevron reached a settlement with legal consulting firm H5, which will “withdraw its support from litigation against Chevron in Ecuador and assign its entire 1.25 percent interest in a disputed $9.5 billion pollution-related judgment to the energy giant.” That judgement, in a case brought by plaintiffs’ attorney Steven Donzinger, was struck down by U.S. District Judge Lewis Kaplan, who said it was the product of “egregious fraud.” (Law360)

Is the European Union displacing the U.S. as the world’s “top antitrust cop?” “When it comes to competition law—and policing global technology firms—the European Union has built a fearsome reputation over the past decade through a series of high-profile cases against America’s biggest tech companies.” (Wall Street Journal)

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