Costner Seeks Dismissal Of Suit Over $52M BP Deal

Law360, New York (March 22, 2011, 11:37 PM EDT) -- Actor Kevin Costner asked a Louisiana court Tuesday to dismiss Stephen Baldwin's suit that claims Costner hid a $52 million purchase order with BP PLC to deny Baldwin his stake in a joint venture to sell oil cleanup devices.

In a memorandum filed in the U.S. District Court for the Eastern District of Louisiana, Costner and Patrick Smith, co-owners of WestPac Resources LLC, said Baldwin and co-investor Spyridon Contogouris were well aware that BP had signed a letter of intent with the joint venture when they...
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