In this episode of Magnum JD: When it comes to the Oil Spill money grab, ethics are no object.

Question: What does a NOLA based law firm that claims legendary trial lawyer/litigator Wendell Gauthier have in common with Boss Hogg’s law firm Brunini, Grantham, Grower & Hewes out of Jackson? Simple the color green as in cash, money, and greed as both firms have been caught with their hand in the conflict of interest cookie jar representing both sides in the current oil spill litigation. The disregard for basic legal ethics is stunning IMHO.

I only bring this up because a friend sent me this love letter from Magnum to Mark Holstein in BP’s legal department for the consideration of the Slabbed Nation.

I am writing in follow up to my previous correspondence. Our firm is eager to begin working on this matter on BP’s behalf. Please advise if we should contact anyone.

With kindest regards, I remain

I hate to share the vision of how I see the oil spill litigation unfolding but when the politicians, along with the local bar are too busy trying to cash in instead of representing the public’s or their client’s interest, “not much good” will be the end result except for those on the inside of the money grab. Continue reading “In this episode of Magnum JD: When it comes to the Oil Spill money grab, ethics are no object.”

The Sun Herald Remembers Katrina plus 5: Katrina anniversary coverage miscellany

John Fitzhugh / The Sun Herald

The Sun Herald has extensive coverage of Hurricane Katrina for the 5th anniversary of the storm. Here is a quick roundup: 

State Senator David Baria, who represents Katrina ground zero, wrote an excellent guest Op-Ed for the Sun Herald. He covers the insurance problems and the failure of the state’s leadership to solve the problems with the dysfunctional wind insurance market and how that has hindered our post storm recovery. He points out the 6 coastal counties supply 35% of the state’s tax revenues which makes our insurance problem a state wide problem. 

Tammy Smith looks back on one million coast Katrina recovery volunteers (and counting) and chronicles a group on the coast now from Bucks County Pennsylvania.  The good people in Bucks and Montgomery Counties Pennsylvania have true angels for the people in Hancock County since the storm. Continue reading “The Sun Herald Remembers Katrina plus 5: Katrina anniversary coverage miscellany”

Anita Lee covers Senator Wicker’s Insurance Roundtable. Slabbed adds a bit of analysis.

I count myself as a lucky guy this morning as a very busy day is still ahead for me and I really don’t have the time to write a comprehensive post on yesterday’s insurance roundtable sponsored by Senator Wicker and his staff. I’m lucky because Anita Lee was also there and she did a fantastic job reporting the events. Before I chime in with a bit of analysis and a personal touch let’s visit with Anita:

Frustrated by Senate inaction, U.S. Sen. Roger Wicker stepped up his role in the coastal insurance debate Thursday, hosting an insurance forum that presented ideas for an overhaul of the National Flood Insurance Program that were new to the audience.

Approaches to insure against catastrophic risk varied, but two thoughts appeared universal: The current insurance system does not work for low-frequency, high-severity events such as Hurricane Katrina, and property owners can expect a stable and affordable insurance market only if they fortify their homes against hurricane damage.

Wicker said after the forum he hopes to build momentum for a Senate hearing on comprehensive coverage for catastrophic events. Christopher Dodd, D-Conn., has not followed through on promises that the Banking Committee he chairs will hold a hearing on the issue.

Mentioning Chris Dodd here on Slabbed is like featuring Loyola Law Professor Dane Ciolino as it represents red meat for the slabbed nation. Luckily for everyone, the good people in Connecticut agree with our assessment as Dodd’s poor poll numbers spelled doom for any chance at re-election so he retires this year, no doubt to the revolving door. Continue reading “Anita Lee covers Senator Wicker’s Insurance Roundtable. Slabbed adds a bit of analysis.”

The Sun Herald joins Slabbed in calling out State Senate Insurance Committee Chair Eugene “Buck” Clarke

Yep they did. I’ll add Lieutenant Gov. Phil Bryant put him there. Follow the money guys.

When Victor Hugo said that “there is nothing more powerful than an idea whose time has come,” he obviously did not have the Mississippi Legislature in mind.

Among some legislators, especially committee chairmen, ideas are not nearly as powerful as politics.

This session’s prime example of that is Eugene S. “Buck” Clarke, the chairman of the insurance committee in the state Senate. Continue reading “The Sun Herald joins Slabbed in calling out State Senate Insurance Committee Chair Eugene “Buck” Clarke”