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Arnold & Itkin reaches a settlement valued over $9,000,000 for Louisiana landowners. |
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Tuesday, July 06 2010 14:37 |
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Arnold & Itkin reaches a settlement valued over $9,000,000 for Louisiana landowners. Kurt Arnold represented a handful of Louisiana landowners who brought suit against big oil companies to clean up their property. These plaintiffs had this land in their name for generations and were concerned that there might be contamination from oilfield operations on their properties. Arnold & Itkin LLP retained a series of experts in the industry to determine the level of contamination that oil companies had left behind once their operations on the property were finished. Many of the companies had not followed any policies or procedures for containing oil and those foreign elements associated with oil and gas operations on the property. Further, after production stopped, the oil companies did not clean up their operations and remove the equipment associated with those operations. The lawsuit resulted in a large settlement for the families in addition to full restoration of their properties by forcing the companies to fully clean up the properties.
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