Last week, we posted about the Louisiana House of Representative’s passage of much-needed “legacy lawsuit” legislation.
We are pleased to report that the Louisiana Senate yesterday voted 21-12 to pass the legislation, which now heads to Governor Bobby Jindal for his signature.
“The cases are called legacy lawsuits because they involve environmental damage that took place 30, 40, 50 years ago by companies that haven’t had anything to do with the site in decades,” reports the Baton Rouge Advocate. “The companies argue that it is often hard to tell over the years which company is responsible for what damage.”
This is an important step forward for the Pelican State’s legal climate.
“The current legal environment in Louisiana is harming the oil and gas industry and the state economy due to legacy lawsuits — suits seeking a financial windfall for alleged environmental damage claims by certain landowners,” wrote ILR President Lisa A. Rickard, in a 2013 blog post discussing the need for such reform legislation.
We are hopeful that Governor Jindal will take swift action to sign this legislation into law.