BP told to stop circulating settlement agreements with coastal Alabamians

[w¡n9Nµ7 §£@¥€r 123]

Alabama Attorney General Troy King said tonight that he has told representatives of BP Plc. that they should stop circulating settlement agreements among coastal Alabamians.

The agreements, King said, essentially require that people give up the right to sue in exchange for payment of up to $5,000.

King said BP's efforts were particularly strong in Bayou La Batre.

The attorney general said he is prohibited from giving legal advice to private citizens, but added that "people need to proceed with caution and understand the ramifications before signing something like that.

"They should seek appropriate counsel to make sure their rights are protected," King said.

http://blog.al.com/live/2010/05/bp_told_to_stop_circulating_se.html

[one...two...tree 2,762]

You could get plastered for at least a month on $5,000.

[thongd4me 69]

Alabama Attorney General Troy King said tonight that he has told representatives of BP Plc. that they should stop circulating settlement agreements among coastal Alabamians.

The agreements, King said, essentially require that people give up the right to sue in exchange for payment of up to $5,000.

King said BP's efforts were particularly strong in Bayou La Batre.

The attorney general said he is prohibited from giving legal advice to private citizens, but added that "people need to proceed with caution and understand the ramifications before signing something like that.

"They should seek appropriate counsel to make sure their rights are protected," King said.

http://blog.al.com/l...ulating_se.html

When the oil spill reaches NYC they'll probably raise the offer by $1.99.