Deepwater Legal Fee Order Still Discourages Settlements: Atty

Law360, New York (February 6, 2012, 10:42 PM EST) -- A plaintiffs' lawyer in the Deepwater Horizon oil spill multidistrict litigation asked the Fifth Circuit on Monday to void an order setting aside funds for legal fees from settlements, saying recent changes to the set-aside order didn't go far enough to ensure spill victims wouldn't be discouraged from settling.

Daniel E. Becnel Jr. of Becnel Law Firm LLC asked the appeals court to overturn U.S. District Judge Carl Barbier's order setting aside 6 percent of most settlements made after Dec. 30. The money is to be...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.