BP Investor Attys Seek $24M From $175M Deepwater Deal

Law360, New York (January 10, 2017, 7:08 PM EST) -- Lead counsel for a class of investors that reached a $175 million deal with BP PLC after accusing it of downplaying the magnitude of the Deepwater Horizon oil spill in the weeks following the 2010 blowout asked a Texas federal court Monday to award $20 million in attorneys' fees and $4 million in legal costs.

Attorneys at Cohen Milstein Sellers & Toll PLLC, Berman DeValerio, Block & Leviton LLP and Yetter Coleman LLP said the fee request, which represents between 11 and 12 percent of the...
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