The Public has a right to know that the $20 million KATRINA settlement with the Levee Boards and their insurer is corrupt and fraudulent.
There are several “back-stories” to this settlement, none of which has been reported by this newspaper.
The Public needs to know that this settlement came about after the United States Court of Appeals for the Fifth Circuit ruled that the United States of America (acting through the Army Corps of Engineers) had immunity from any and all claims for damages arising out of KATRINA. And since “Plaintiffs’ Liason Counsel” Bruno, and the cabal he is a part of, failed to sue the State of Louisiana, because they had secretly represented the State in presenting the State’s $200 billion claim against the United States, the cabal was left holding an empty bag when the United States was determined to be immune from suit.
So how was the cabal going to recover its “out-of-pocket” costs incurred in fighting the Federal Government for several years (all for “nothing”, as it turned out)?
The insurance policies issued to the Levee Boards were worth, at a bare minimum, $20 million, or so. Accordingly, the cabal made a “grab” for those funds, which would have served several purposes: (a) the $20 million would reimburse the cabal its “costs”, and do so in a way that (b) did not cause the cabal the obvious ethical problem of pursuing its own client, the State, for damages (the Levee Boards being State entities). The cabal also had to be very careful that their “secret” client, the State, wasn’t implicated for more than “one policy limit” of $20 million. Luckily for the cabal, the Levee Boards and their insurer decided it was best if they would “play along”, but only if they could obtain a full and complete Release in exchange for one policy limit of $20 million. The alternative was years of uncertain litigation. Continue reading “Other Voices | Ashton O’Dwyer: The Public Has a Right to Know What’s Behind the Curtain on the Katrina Settlement”