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Louisiana AG Backs $100M Deal in Freeport McMoRan Coastal Damage Suit

Louisiana AG Backs $100M Deal in Freeport McMoRan Coastal Damage Suit
Attorney General Jeff Landry has said he’s backing a $100 million settlement between a dozen coastal parishes and mining corporation Freeport McMoRan to end a lawsuit over damage to Louisiana’s coastal wetlands, in what could become a landmark agreement.
The Republican attorney general’s decision to sign off on a deal immediately provoked swift criticism from organizations representing the oil and gas industry and some of his fellow Republicans who worry the agreement could set a precedent affecting dozens of other pending coastal lawsuits involving 12 coastal parishes and New Orleans against major oil companies. (New Orleans was not part of the Freeport McMoRan settlement.) ....

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Louisiana AG Landry authorizes settlement between oil company, state

By David Jacobs | The Center Square
(The Center Square) – Louisiana Attorney General Jeff Landry announced Thursday he signed off on a deal to resolve litigation involving an oil-and-gas company and coastal parishes alleging environmental damage.
The Louisiana Legislature would have to create the framework to implement the deal between Freeport-McMoRan and the state, with the proceeds going to projects consistent with Louisiana’s coastal restoration plan, Landry said.
Oil-and-gas leaders, and at least one of their top legislative allies, denounced the deal, calling it secretive and counterproductive for the state’s economy and coastal restoration.
“Our actions on these suits are designed to bring finality and resolution and allow everyone a seat at the table,” Landry said. ....

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Oil industry calls coastal erosion settlement authorized by Landry misguided, flawed

Oil industry calls coastal erosion settlement authorized by Landry misguided, flawed
louisianarecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from louisianarecord.com Daily Mail and Mail on Sunday newspapers.

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Louisiana attorney general signs onto coastal lawsuit deal

BATON ROUGE, La. (AP) Attorney General Jeff Landry announced Thursday he's backing a $100 million settlement between a dozen coastal parishes and mining corporation Freeport McMoRan to end a lawsuit over damage to Louisiana's coastal wetlands, in what could become a landmark agreement. The Republican attorney general's decision to sign off on a deal immediately provoked swift criticism from organizations representing the oil and gas industry. ....

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Attorney General Landry Agrees To Settle Oil And Gas Suit He's Fought For Years

After years of fighting lawsuits against oil and gas companies, Louisiana Attorney General Jeff Landry has agreed to settle one of them.About five years ....

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