Beasley Allen files another lawsuit against BP, Halliburton and Cameron International

[NNN0LHI]

http://birmingham.bizjournals.com/birmingham/stories/2010/07/05/daily17.html

Wednesday, July 7, 2010, 2:56pm CDT | Modified: Wednesday, July 7, 2010, 3:58pm

A Montgomery law firm has filed a lawsuit against BP, Halliburton and Cameron International for a commercial landowner in Baldwin County.

Beasley Allen Crow Methvin Portis and Miles PC filed the suit on behalf of James E. Fisher and Kate C. Fisher, who own commercially zoned land in Baldwin County, according to a press release.

According to Beasley Allen, the Fishers have incurred damages to their property, earning capacity, business income and use of natural resources due to the Deepwater Horizon oil spill.

“Falling real estate values are just one more consequence of this environmental disaster,” said Rhon Jones, head of Beasley Allen’s Environmental Law section. “People who have purchased property as an investment, or who are simply trying to sell their home will be negatively affected by this oil spill. Even property that is not Gulf-front is impacted by the perception that the entire Gulf Coast has been ruined.”

[BeFree]

1. Wow $20 billion

A drop in the bucket? Never thought I'd ever get around to thinking $20 billion would be considered a drop in a bucket.

I mean $20 B is a lot of money. But it ain't gonna be nearly enough, eh?