Showing posts with label Post-trial deal. Show all posts
Showing posts with label Post-trial deal. Show all posts

Thursday, August 10, 2017

Army Corps Addresses Water Wars

A Special Master appointed by the U.S. Supreme Court previously recommended Florida’s claim for relief in the decades-long Water Wars case against Georgia be denied because the Army Corps of Engineers, which controls water flow through the region in a series of dams and reservoirs, was not directly involved in the lawsuit. In its brief, the Army Corps said this week it was possible the Court could impose a water-use cap on Georgia without requiring a change to its policies for handling the dams and reservoirs in the Apalachicola-Chattahoochee-Flint river system. As such, it may be possible to design a consumption cap that would provide Florida with additional water at some points without any alteration of the operations. Attorneys for Florida and Georgia tried the case before the Special Master late last year. Florida wants to limit Georgia’s water consumption from the Apalachicola-Chattahoochee-Flint River Basin, including Lake Lanier, to 1992 levels and to get reparations for alleged economic and environmental harm to Apalachicola's oyster fisheries from drought. The dispute focuses on the river basin which drains almost 20,000 square miles in western Georgia, eastern Alabama and the Florida Panhandle. The Chattahoochee and Flint rivers meet at the Georgia-Florida border to form the Apalachicola, which flows into the bay and the Gulf of Mexico beyond. The states were advised to settle out of court rather than live with a costly decision neither will like, and the Special Master has many times encouraged the sides meet in a good faith effort to reach a framework for settlement. This latest development could be the impetus for a deal. See more here-- http://bit.ly/2utNOfa

Thursday, December 15, 2016

Gawker Settlement Approved in BR

This week, Gawker Media won court approval to repay creditors and settle the $140 million legal judgment awarded to former wrestler Hulk Hogan that drove the online publisher into Chapter 11 Bankruptcy. U.S. Bankruptcy Judge Stuart Bernstein of New York signed off on Gawker’s reorg plan. The settlement pays Hogan $31 million to resolve privacy litigation over Gawker’s publication of a highly publicized sex video. Approval of the plan ends a four-year legal fight between Gawker and Hogan in a case tried before a Florida jury earlier this year. Liability for the resulting verdict in Hogan's favor and Gawker’s failure to stay the judgment for purposes of appeal forced the bankruptcy. Reportedly, lawyers involved in the settlement say this brings the case to a close and extinguishes any possibility of appeal. Gawker sold most of its blogs, excluding its namesake site, to Univision for $135 million. Gawker’s Chapter 11 plan splits the company’s assets and sale proceeds among its creditors. The plan also includes settlements of other defamation lawsuits. Gawker maintained its stories subject to lawsuits were true, arguing First Amendment protection, but the expense of continuing to defend litigation would have been too much. Judge Bernstein said each of the settlements was reasonable for Gawker in light of the circumstances. The deal also shields former writers and editors from future lawsuits. In exchange for receiving that protection, the writers agreed to relinquish their rights to indemnification. The Wall Street Journal writes that the releases raised a novel issue on the intersection of bankruptcy law and the First Amendment and elicited a legal brief from a collection of journalism organizations in support of the legal protections. See more here-- http://on.wsj.com/2hjh0Bt