Folks in today’s update of the trial in Judge Feldman’s courtroom Bull Durham was on the stand last week and me thinks the pressure is getting to Costner, who could not read his testimony from a script like he did before Congress back in 2010. Here are a few snippets from 2 AP stories filed on the topic the the first of which detailed Bull’s testimony from last Thursday:
Actor Kevin Costner says he was heartbroken as he watched millions of gallons of oil spew into the Gulf of Mexico in 2010 and that he headed to New Orleans to see whether cleanup devices he helped develop could aid the recovery effort. Costner, who has been sued in a multimillion-dollar business dispute involving the devices, told jurors he was nervous. “My name is at stake,” he said.
Indeed it is as we’d all be disappointed if Bull is perceived as anything other than full of BS because that is all we saw back in 2010 when he showed up in this area like a fly on shit after the oil spill peddling useless centrifuge technology as a cure all for the Macondo well blowout. Bull has an interesting self concept of his contribution to combating the spill:
“I’m not just a celebrity,” Costner said during testimony. “I’m not just a person who opens doors.”
Continue reading “In our continuing episode of Magnum J.D. Baldwin v Costner: In fact Bull Durham, we’re all amused.”
As told by 1450 AM the Voice of Dothan Alabama. Welcome aboard guys. A short snippet from the must read account:
In a June 8 text from Smith to Ted Skokos, an investor who ultimately bought out Contogorous’ shares in OTS, Smith wrote: “We had an amazing meeting with BP. We r on line. I have a buyout agreement from the partner we want out being drafted today.”
On June 10, Metairie, La., attorney Daniel Grigsby drafted the contract between BP and OTS for 32 centrifuges.
Smith testified that the order from BP for centrifuges was still “conditional,” as of June 10. The next day, June 11, Contogorous effectively sold his shares in OTS in a document Grigsby drafted.
And Slabbed has literally covered this whole sorry affair of a bunch of washed up Hollywood actors cashing in on the worst environmental disaster in this nation’s history with hocus pocus technology that did nothing beyond stuff money into the pockets of self serving politicians from day 1.
The suit itself has finally crossed into the traditional media and frankly the reporting I’ve seen to this point is as devoid of useful information as the original real time reporting on Costner and his machine, which BP never used to fight the spill.
That said and in case there are media members that want to catch up this recently filed court doc is a great place to start along with Slabbed’s prior coverage.
Folks I’d like to take this opportunity to point out there was one media outlet covering the oil spill that called bullshit on Bull Durham and his useless oil-water separator real time as it was happening so while I take a victory lap, allow me to present the first of a raft of previously sealed documents in that star v star battle known as Baldwin et al v Costner et al. If you like a story where they are literally no good guys, only the bad and the ugly then this one is for you. Click the pic to nab the 2 page pdf:
The existence of this agreement to make a deposit of $18,201,000 was concealed from plaintiffs until well over a month after the sale of their interests.4 These facts were disclosed to Contogouris in July, 2010 by John Houghtaling in an effort to induce Contogouris to loan Houghtaling $1 million to purchase a home located at 4717 St. Charles Avenue.
Click the pic to get the pdf. ~ sop
Folks it is not a secret that Jeff Crouere’s girlfriend, Judge Martin Feldman does not have any fans on the Slabbed Editorial Board. That said even a broken clock is right two times a day and Feldman issued an order in the suit Continental Casualty v Magnum that I actually agree with. Even better Feldman nicely sums up the mess that is the multiple lawsuits involving Magnum and washed up actors Kevin Costner and Stephen Baldwin who are alleging Magnum defrauded them. Amazingly since we’ve picked up Magnum J.D. for broadcast on Slabbed, the Continental suit involves the second time we’ve highlighted a civil suit involving Mags and the legal concept of an insurers duty to defend. Unfortunately for Magnum first time around, Tom Porteous’ former law partner Robert Creely could not homecook the Hammer case in Magnum’s favor as ad hoc judge and was soundly reversed on appeal.
I’m not sure how this will unfold in the coming days as the suits are consolidated at the NOLA CDC but I can say we’ll have all the lowdown for you here on Slabbed. (Calling Secret Agent 99….) I suspect if Continental pays for Magnum’s lawyers it will be after the case is over and I think when it is all said and done there is not much chance of that.
The order and reasons is below the folds. Click the pic to get the 7 page PDF. Continue reading “In this episode of Magnum JD: Magnum wins a reprieve in the Continental Casualty Suit.”
BP dropped its wallet in the wrong neighborhood. ~ Member of the national media recounting his favorite BP quote heard during the oil spill.
As one of the world’s leading companies, we have a responsibility to set high standards: to be, and be seen to be, a business which is committed to integrity. In a complex global business environment like ours, that’s not always easy. Our code of conduct is designed to help us achieve this.
Our code of conduct is the cornerstone of our commitment to integrity. As Bob Dudley, our group chief executive, affirmed: “Our reputation, and therefore our future as a business, depends on each of us, everywhere, every day, taking personal responsibility for the conduct of BP’s business”. The BP code of conduct is an essential tool to help our people meet this aspiration. The code summarizes our standards for the way we behave. All our employees must follow the code of conduct. It clearly defines what we expect of our business and our people, regardless of location and background. Ultimately it is about helping BP people to do the right thing.
And we have this from Magnum’s contract with BP:
BP Legal expects that the Firm will adhere to BP’s Code of Conduct when providing services to BP
But it actually gets better than that as we have this from Magnum’s contract with BP. Continue reading “In this episode of Magnum J.D. the conclusion to our two hour special: Pimpin’ ain’t easy so let’s hop aboard the ho’ train.”
The prelude as Magnum and his partner James Williams contemplate cashing in on the oil spill.
Stay tuned for the exciting conclusion as Slabbed presents Magnum’s contract with BP. Continue reading “In this episode of Magnum J.D. a two hour special: Pimpin’ ain’t easy so let’s hop aboard the ho’ train.”
But Houston we have a problem as Continental Casualty Company aired lots of dirty laundry in their declaratory suit against Magnum and his partners at Gauthier Houghtaling and Williams so for the consideration of the Slabbed Nation I’ve uploaded Continental’s suit plus the next 7 docket docs which includes the firm’s insurance policy, the Ocean Therapy Solutions Operating Agreement plus other goodies like the following:
Dear Mr. Jouandot:
Thank you for taking the time to speak to me and discussing Continental Casualty Company’s (“Continental”) coverage position in this matter.
Continental acknowledges that we are in receipt of the lawsuit entitled Spyridon C Contogouris Et Al v Ocean Therapy Solutions LLC . Continental has considered the availability of coverage for this matter under Lawyers Professional Liability Policy No. LAW-268085507, issued to Gauthier Houghtaling & Williams LLP (“the Firm”) for the policy period of February 3, 2011 to February 3, 2012 on a claims made and reported basis (the “Policy”). As you were advised, this will confirm that there is no coverage for this matter as presented. Following is Continental’s coverage position. Continue reading “In this episode of Magnum J.D.: My name is Magnum and I do what I want…..”
Continental Casualty Co. filed suit in Louisiana federal court Friday alleging it should not have to pay to defend Gauthier Houghtaling & Williams LLP in actor Stephen Baldwin’s lawsuit over a $52 million joint venture deal with one of the firm’s partners.
I’ll see if I can update this post with case docs after I’ve had a chance to hit PACER.