lawsuit
Barq root beer descendents sue Coca-Cola
The great-grandchildren of the founder of Barq's root beer are suing the Coca-Cola Company, claiming Coca-Cola doesn't legally own their share of Barq's. The suit, filed in U.S. District Court in Louisiana, outlines the long and complicated history of the Barq's family in Louisiana and Mississippi dating back more than a century. Full article.
Gulf oil dilemma: accept payout from BP fund or sue
Thousands of business owners, fishermen and others along the Gulf Coast have a dilemma: accept a piece of BP's $20 billion claims fund—relatively fast, easy money—or sue the oil giant for a bigger payday, wait years and risk ending up with nothing. Those who accept a check for their long-term losses from the victims' compensation fund will have to give up their right to sue BP. Attorney Kenneth Feinberg, who is administering the fund, says those who file a long-term claim will get a preview of their potential payout before they have to decide whether to accept it. If they don't like it, they can sue. Full Article.
How much is an idea worth?
Paul Ceglia, a web designer from N.Y., made a claim in a lawsuit that he owned 84 percent of Facebook. A Facebook spokesman said there is a rise in this type of claim, involving the ownership of ideas and who has the right to benefit commercially from them. Lawsuits are proliferating because the public has never been more aware of the value of an idea. Full Article.
The Tiny Company That Killed the Drilling Ban
While many of the oil industry's biggest names kept a low profile amid the images of oil gushing into the Gulf of Mexico, tiny Hornbeck Offshore Services filed a lawsuit challenging a federal ban on deepwater offshore drilling, and won—at least for now. Full Article.
Council gives final approval to Cleco deal
Alexandria’s City Council signed off on a new agreement with Cleco, officially settling the city’s lawsuit against Cleco Corp. City Council President Roosevelt Johnson said resolution of the case can bring relief to everyone throughout the city. Full Article.
NFL Concedes It Has No Right to “Who Dat”
LA Attorney General Buddy Caldwell says the NFL is conceding that it has no ownership rights to the fleur-de-lis or the popular New Orleans Saints phrase “Who Dat.”Caldwell met with the NFL’s general counsel & the NFL only objects to shirts marketed or presented as an official Saints or NFL product.Full Article.
