Lawsuit: Oil Spill Funds Used for Gulf Hotels

Lousiana Gulf Coast, by flickr user dusted, licensed by Creative Commons

Stronger than the storm

Adding fuel to the fire is never something BP wants to do after the Gulf Coast disaster in 2010. Environmentalists have filed a lawsuit and are attempting to block the building of new hotels in Florida & Alabama with funds granted to restore the coast itself. BP had pledged $1 billion to improve the coastline after the infamous oil rig explosion, and have continued to fund the project. Now, scientists state that the money should only be used for ecological purposes, not for real estate development (regardless of the fact that new hotels could produce new revenue along the coast). This has sparked a hot debate about the strength of economics vs biological and scientific research. Read more

Satellite Radio Has Serious Problems

Rocktail Beach Camp KZN, by flickr user Jolene Bertoldi, licensed by Creative Commons.

“God I love being a turtle.”

Contrary to popular belief, music is never really free; just ask a musician. The satellite radio company Sirius XM was sued over copyright and trademark laws by a 1960s band called The Turtles. With the passing of federal copyright protection for recorded music in 1972, the royalties for music made before that date have been a hot button issue. The band claims that its’ music was broadcast on satellite radio without any compensation or consent from the creators. A series of lawsuits were filed against both Sirius XM and Pandora Media in New York, Florida, and California, with the band seeking about $100mm worth of damages. Read more

Billion Dollar Divorce for Oklahoma Oil Man

Money-Savings

Next time, don’t forget the prenup!

Harold Hamm, named by Forbes as the 24th richest man in the world, is set to pay one of the biggest divorce settlements in history to former wife Sue Hamm. Mr. Hamm owns the largest piece of the nations most oil-rich land in North Dakota. “Mr. Hamm, who has described himself as “more hardheaded than other people,” did not have a particular document that is all but standard now whenever tycoons wed: a prenuptial agreement”. After the 9-week trial, Sue Hamm will now be amongst the richest women in the country. Mr. Hamm is required to pay his ex-wife one-third of the total settlement ($320 million) by the end of this year. Read More

Offside: Lawyer Sued While Buying Soccer Club

FIFA world cup 2006 - Rome circus maximus flag, by Wikipedia user Alejo2083, licensed by Creative Commons.

Golazo, or no-lazo?

Although Italian sports have a reputation for being less-than-upfront, this time the trouble is being caused in America. Joe Tacopina, the rockstar lawyer who has represented the likes of Alex Rodriguez, is being sued by a former client at a very inconvenient time. Tacopina recently arrived in Bologna, Italy and is entering the final stages of purchasing the soccer club Blogona F.C. 1909, known as Bologna. According to reports, the lawsuit was filed with the intention to freeze Mr. Tacopina’s assets while he is abroad and looking to become a part owner of the franchise. The suit also claims the plaintiff was misled by the defendant, who was searching for representation in Connecticut (Mr. Tacopina is not registered to practice law in that state). The suit was officially filed in New York City. Read more

Calling All Energy Drinkers!

Spread your wings, birdy...

Wings not included!

Contrary to popular belief, Red Bull does not actually give you wings. “The energy drink company recently agreed to pay consumers more than $13 million to settle a proposed U.S. class-action suit accusing the beverage maker of false advertising”. Anyone who purchased one can of Red Bull between January 1, 2002 and October 3, 2014 is entitled to $10 cash, or $15 in Red Bull products. There is no proof of purchase required to be included in the settlement. Final court approval of the proposed payouts is set to be decided May 1, 2015.  Read More