The BP oil spill created an environmental and economic disaster affecting the entire Gulf Coast region. On March 2, 2012, BP agreed to settle the class action of certain oil spill related claims with the plaintiff steering committee, representing the interests of individuals and businesses throughout the region. Ringler Radio host Larry Cohen talks with colleague, Robert P. Caples and guest, Attorney Rhon E. Jones from the Beasley Allen law firm, about the various aspects of the settlement, including the important major changes in how claims will now be administered.
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On this edition of Ringler Radio, host Larry Cohen and co‑host and Ringler colleague, Robert P. Caples, Jr. welcome Randy Sorrels, partner at Abraham, Watkins, Nichols, Sorrels, Agosto & Friend of Houston, Texas, to take a look at a real life catastrophic case that ended with the claimants receiving a guaranteed reliable and sustainable source of income through a structured settlement. They discuss the case, how the structured settlement was organized and why structured settlements are appropriate for cases involving catastrophic injuries.