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Attorneys Abandon Hurricane Katrina Settlement

Law360 (March 13, 2007, 12:00 AM EDT) -- In an aboutface, the attorneys representing Hurricane Katrina victims have taken their proposed deal with State Farm Insurance off the table, concerned that the multimillion-dollar agreement will never come to pass.

On Monday, a legal team spearheaded by Richard Scruggs said in court papers that they were withdrawing their request for U.S. District Judge L.T. Senter Jr. to approve the deal due to a legal impasse.

"Given this stalemate, counsel must now direct even more focus on the hundreds of individual cases against State Farm and...
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