Great news in our long running consumer fraud class action against BP. We scored a big win in the Oregon Court of Appeals. The court affirmed the trial court and the verdict in all respects. That’s to say we won big. BP has announced that they will ask the Oregon Supreme Court to review the case. The Oregon Supreme Court does not have to take the appeal. My guess is that we’ll know by the end of the year whether the Oregon Supreme Court is going to review the case.
Meanwhile, we soldier on. If you need solace about the delay, here is something that will brighten your day. Our judgment is over $400 million. It earns interest at $100,000 per day. So if the delay gets you down, just know that BP is paying a ton of cash for taking the long way.
We’ll let you know more when have more news to report. Meantime, keep the faith.
PS Here is the opinion for those interested in such things: COA opinion 053118
I’m pleased to report that settlement of our longest running class action received final approval. The case, Surrett v. Western Culinary was filed in March of 2008. (No that’s not a typo.) Under the settlement. people who made claims will receive refunds of 44 percent. In addition, any debts owed directly to the school have been written off. And the defendants have to pay fees and costs, so the full refund amount goes to the former student.
We’re pleased with the settlement and happy to report that the court approved it in full.
The judgment was entered today (one of the last big hurdles), and we now know that payments will be mailed out on August 10, 2018.
We’re still moving forward with individual arbitrations for those former class members who have to go to arbitration first. We expect to file hundreds of arbitration cases. We will see those through to the end, no matter how long it takes.
Thanks for your patience-