RICO law made to combat Mafia used in BP lawsuits
Headline News
Using a law originally enacted to combat the Mafia, attorneys are filing lawsuits accusing BP PLC and Transocean Ltd. of committing a longterm series of crimes by concealing flaws in deepwater drilling plans and lacking safeguards to contain a catastrophic Gulf of Mexico spill.
BP has been named in at least three lawsuits brought under the federal law known as RICO, which stands for Racketeering Influenced and Corrupt Organizations. Transocean, which leased the ill-fated Deepwater Horizon drilling rig to BP, has been named in two lawsuits filed in Louisiana and Florida.
The lawsuits accuse both companies of committing wire and mail fraud over a number of years by filing false documents with the U.S. government, and by misleading investors through other documents and falsehoods. They also claim both companies are guilty of bribery because they are part of an overall oil and gas industry effort to "infiltrate" federal regulators by providing favors such as alcohol and drugs, sex, golf and ski trips, concert and sports tickets, and more.
Related listings
-
NH lawyer out $240,000 in scam targeting attorneys
Headline News 07/19/2010A New Hampshire lawyer is out $240,000 after falling prey to an international Internet scam, prosecutors said. The attorney general's office declined to identify the lawyer but said he is one of two lawyers in the state who were targeted in recent we...
-
$20 billion oil fund to begin payments in August
Headline News 07/16/2010The $20 billion that BP has set aside to pay for losses caused by the Gulf of Mexico oil spill will start making payments in early August.Ken Feinberg, who is in charge of paying individuals and businesses for lost income, told a meeting of governmen...
-
Law firm offering reward for finding killer of UT student
Headline News 07/15/2010A local law firm is now offering a reward for information that leads to the capture of the person who shot and killed University of Tampa student Ryan McCall last August.McCall and a friend were walking near the campus when a man robbed and shot them...
New Rochelle, New York Personal Injury Lawyers
If you or a loved one has been injured in an accident, contact Kommer, Bave & Ollman, LLP, in New Rochelle, New York, immediately. We can answer all your questions and work with you to determine if you have the grounds for a personal injury lawsuit. The attorneys at our firm are determined to resolve even the most difficult of cases. We will work closely with you to determine the best course of action to get your claim or case resolved in the most efficient way possible. We will fight for your right to compensation! No one should have to suffer a financial burden from the result of another person’s carelessness. The attorneys at Kommer, Bave & Ollman, LLP will aggressively fight to ensure that justice is served on your behalf.