By March 21, 2012 0 Comments Read More →

‘Legacy lawsuit’ deal near, lawyer says

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Gov. Bobby Jindal’s former executive counsel asked legislators for patience this week on legislation involving what are known as “legacy lawsuits.”

In a letter to members of the Senate and House natural resources committees, Alexandria attorney Jimmy Faircloth Jr. said negotiations are continuing on a compromise bill that will appease both the oil and gas industry and landowners.

At issue is how to resolve often decades-old pollution caused by oil and gas drilling.

The oil and gas industry contends landowners want to maintain the status quo with protracted legal battles that are blamed for limiting drilling in Louisiana.

Landowners are accusing the industry of trying to erode the jurisdiction of the courts.

“Though some progress has been made, reaching a final compromise will be difficult, and may prove to be impossible,” Faircloth wrote.

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Posted in: Daily News

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