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Detailed text transcripts for TV channel - MSNBC - 20100514:02:06:00

Existing law permits those hurt by the spills to seek compensation in court. the law expressly, expressly allows for unlimited damages, so you have unlimited damages in state courts where the compensatory, the punitive damages, are already being sought. as we speak there have been numerous claims filed. back on the 28th of april the louisiana shrimpers failed a lawsuit against bp, transocean, halliburton and cameron for their economic losses. senator menendez argued if mom and pop drillers lack resources to cover the damage they do, maybe they ought not risk doing the damage in the first place. he also offered senator ma kousky a history lesson about her own state and oil. the suggestion that those who are harmed, the fishermen, the commercial fishermen, the tourism companies and others, ultimately will be in a position to make claims in state court, ....

Bill Into Law , State Courts , Louisiana Shrimpers , 28th Of April , Senator Menendez , Ma Kousky , State Court , Tourism Companies ,