NY, Fla. Towns Settle MTBE Suits With Shell, BP

Law360, New York (August 4, 2010, 6:43 PM EDT) -- Hess Corp., BP PLC, Chevron Corp. and the American unit of Royal Dutch Shell, were among a host of oil companies that on Wednesday settled claims from 23 towns in New York and Florida in the methyl tertiary-butyl ether multidistrict litigation for $42 million.

According to a joint motion for dismissal filed in the U.S. District Court for the Southern District of New York, the 23 towns from New York's Long Island, including Southampton, East Hampton and Huntington, as well as four along Florida's west coast,...
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