Private Funds and Trusts

The BP fund has brought tort resolution trusts far more into the public eye. This new article from David Bario at the NLJ highlights some of the issues involved in creating an interesection between trust claims and tort system claims. As to BP, some of those issues arise from the assertion of claims against Transocean.

The chapter 11 watch goes on for BP. Yesterday’s Wall Street Journal included an informative article regarding  states preparing claims against BP. The artticle indicates massive claims ahead, and that even Atlantic Coast states are considering claims. The article also reflects differing approaches to the choice of counsel to pursue claims. The article also says the