Baron and Budd is a national law firm with decades of experience representing individuals and entities that have been harmed by corporate malfeasance. We have a strong history of leadership in significant environmental cases as evidenced by our role in national asbestos litigation as well as our role fighting oil companies in issues of water contamination.

An article in the National Law Journal recognized Baron & Budd’s prominence as a preeminent law firm, able to hold the oil industry accountable for past misconduct.

Below are some examples of past Baron & Budd successes:

Oil Spill Litigation

BP MTBE Litigation

In the national MTBE litigation against the nation’s major oil refiners, Baron & Budd attorneys, led by shareholder Scott Summy, compiled the successful liability case against BP/Amoco. Analyzing thousands of company documents and deposing key personnel, we were able to prove exactly what BP did to protect its financial interests while concealing the environmental risks of the fuel additive, MTBE. In this litigation we uncovered evidence that showed:

  • BP knew that a component of its gasoline would leak from underground storage tanks and then contaminate nearby groundwater.
  • BP purposefully kept this information from regulators to conceal the true extent of the MTBE water contamination problem.
  • BP engaged in a single-minded strategy to convince regulators to relax the cleanup standards instead of dealing with the contamination problem.

As a result of the hard work of Baron & Budd and others, a $422 million national settlement was reached in 2008 with the bulk of the major oil companies, including BP/Amoco.

This national settlement is widely recognized as a landmark in the effort to hold major oil companies responsible for contaminating public drinking water.

Halliburton Bankruptcy Trust

In 2002, when a Halliburton subsidiary filed for bankruptcy reorganization, Baron & Budd stepped in to protect the rights of the people who had been harmed by Halliburton’s negligent use of asbestos. In fact, Russell Budd, the firm’s managing shareholder, was the chief negotiator in what became the largest asbestos trust fund of its kind anywhere in the world – a $4 billion national settlement.

This trust fund can now be accessed by individuals all over the United States, even if they are not clients of Baron & Budd, and has provided compensation for countless injured people.

Exxon Valdez Oil Spill

Baron & Budd is not a newcomer to oil spills and water pollution. In fact, former Baron & Budd shareholder Brent Rosenthal represented the National Wildlife Federation in the Exxon Valdez litigation involving the 1989 spill. For his “outstanding contribution to environmental protection and the public interest,” Brent received the 1993 Public Justice Achievement Award from Trial Lawyers for Public Justice.

Similar to the Gulf oil spill, the cause of the Exxon Valdez spill was directly linked to neglect of safety regulations. Due to cost, Exxon failed to repair the tanker’s Raycas radar system, which would have warned the crew of an impending collision with the Bligh reef.

As a result of the Valdez spill, the Oil Pollution Act of 1990 (OPA) was passed, allowing those who lost income or profits because of an oil spill to recover compensation from the companies’ responsible for the spill. The act also improved the federal government’s ability to respond quickly to spills.

Baron & Budd in the News

October 11, 2010 Judge Picks Lawyers to Lead Gulf Oil Spill Litigation. The Wall Street Journal Law Blog.
October 10, 2010 Gulf Coast attorneys to Lead U.S. Oil Spill Lawsuits. Reuters.
October 8, 2010 Louisiana, Texas and Florida Lawyers to Lead BP Oil-Spill Cases. Bloomberg
September 8, 2010 Natural resources damages: A challenge for states affected by the Gulf oil spill Westlaw Journal.
August 30, 2010 Plaintiffs Lawyers Say Oil Spill Fund Unlikely to Deter Litigation, The American Lawyer.
August 16, 2010 Baron & Budd and Cozen O’Connor Score Assignments in BP Oil Spill Litigation, The American Lawyer.
August 12, 2010 Gulf Oil Spill Victims Applaud Choice of New Orleans Court, Los Angeles Times.
August 10, 2010 New Orleans Judge to Oversee Oil Spill Cases, Reuters.
July 27, 2010 Lawyers to Make Pitches for Merging BP Case, Reuters.
July 26, 2010 Travel Seeks Marketing Funds to Offset Oil Spill, Travel Weekly.
July 14, 2010 BP’s Legal Blowout, Forbes.
June 30, 2010 Special Report: BP oil spill a gusher for lawyers, Reuters.
June 25, 2010 Judicial Panel on Multidistrict Litigation Hearing Set For Arguments On Where To Send Oil Spill Cases, Lexis Nexis.
June 10, 2010 Nine Questions (and Provisional Answers) About the Spill, Bloomberg Business Week.
June 7, 2010 Likely Litigants Look to Exxon Valdez Precedent, Financial Times.
May 14, 2010 Oil-spill suits pit BP against old foes, National Law Journal.