Favorable Settlement Offered in Kerr-McGee Lawsuit, as Reported By Lundy and Davis.COLUMBUS, Miss. -- The team of attorneys representing approximately 6,000 citizens in the Columbus, Mississippi Columbus is a city in Lowndes County, Mississippi, United States on the Tombigbee River. It is approximately 282 kilometers (175 mi) northeast of Jackson, community report tremendous support and agreement to accept Kerr-McGee's settlement offer of 50 million dollars. This offer is being made to resolve pending litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.
When a person begins a civil lawsuit, the person enters into a process called litigation. and potential claims for property damage, nuisance and, in some cases, personal injury.
"This is the first toxic tort A toxic tort is a special type of personal injury lawsuit in which the plaintiff claims that exposure to a chemical caused the plaintiff's toxic injury or disease. Different types
Toxic torts arise in different contexts. settlement of this magnitude in North Mississippi," says Columbus attorney Wilbur Colom. "Under the terms of this settlement, individuals will be allowed a limited amount of time to accept or reject the offer. I, along with all of the attorneys involved in the case, strongly recommend that the settlement be accepted."
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After three and one-half years of hard work and joint effort, more than six months of intensive negotiation, and with the upcoming trial date of July 22 in the U.S. District Court of the Northern District Mississippi in front of Judge Glen Davidson, the parties agreed to present this proposed settlement to the community. Lawyers have been presenting this settlement to clients over the last three weeks, and an overwhelming majority have agreed to accept the offer.
Columbus attorney Rod Richmond explains that the settlement offer totals approximately 50 million dollars with individuals awarded monies based upon their location to the Kerr-McGee plant and the length of time they resided at that location. In addition, he says owners of property are being compensated more than residents who did not own the property on which they resided.
Two grids prepared by scientists, along with Dr. James Dahlgren, a toxicologist, were used to calculate the settlement amounts for the group of 300 people claiming personal injury as a result of disease and for the group of 6000 suffering property damage and nuisance claims.
There have been some outside lawyers and others on the sidelines On the sidelines
An investor who decides not to invest due to market uncertainty.
on the sidelines
Of or relating to investors who, having assessed the market, have decided to avoid committing their funds. criticizing the terms of the proposed settlement. However, attorneys involved in the case who have worked closely with the citizens of Columbus and invested years of time and significant money in preparing for trial say they are aware of the negative comments, which are typical in cases of this nature. "I can't possibly understand why anyone who cares about the citizens of Columbus would discourage acceptance of this very favorable settlement offer. What could their motive possibly be? Let those people who didn't work for the people of Columbus criticize while I hand out checks to deserving people," says Colom.
"A settlement of this nature is extremely important for this community, although anytime a case is settled after this much time and hard work, the people involved often feel they should be paid more for their efforts," explains attorney Johnny Cochran, attorney for the case. "I can assure you that Kerr-McGee feels they are paying more than they should be paying. For that reason, this settlement offer represents a good compromise and assures that people will be fairly compensated."
Hunter Lundy, trial counsel for the plaintiffs, says the offer from Kerr-McGee is extremely fair. "For cases of this nature, this settlement offer exceeds the amounts paid to similar communities involving similar circumstances. Those involved in the case should look very favorably on this offer."
Attorneys and staff of the law firms for the case will continue to work in the Court Tower Square Building in Columbus and will be available to answer any questions regarding the settlement process. This offer will only be outstanding for a short period of time.
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Contact: Stephanie Young of SYCOM, +1-337-540-2788, for Lundy and Davis