Baron & Budd Helps Achieve a $1.8 Billion Settlement with Southern California Gas Company for Historic Aliso Canyon Gas Blowout
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DALLAS –(October 2, 2012) – The national law firm of Baron and Budd was selected to the National Law Journal’s prestigious Plaintiffs’ “Hot List" for the eighth time since the list was established ten years ago. Each year, the National Law Journal requests nominations and completes an exhaustive analysis before selecting law firms for this legendary highly regarded honor. The annual list recognizes plaintiffs’ firms that have done exemplary, cutting-edge work representing people or entities harmed by corporate misconduct. Baron and Budd was one of only 19 firms selected for inclusion this year.
In yesterday’s announcement, the National Law Journal noted the breadth of Baron and Budd’s work, stating "the limelight for Baron and Budd stretched across industries during the past year — including a deepening of the firm’s role in financial-sector class actions." The announcement also highlighted two of Baron and Budd’s most significant and recent cases: the precedent-setting settlement in the BP oil spill litigation and a consumer class action against JP Morgan Chase & Co. Baron and Budd shareholder Scott Summy served on the BP oil spill’s steering committee that reached a $7.8 billion settlement with BP PLC in March 2012 and the firm sat on the plaintiffs’ executive committee in the Chase overdraft litigation, resulting in a preliminarily approved nationwide settlement of $110 million.
"I am so proud to be selected for such a distinguished honor," said Russell Budd, president and managing shareholder of Baron and Budd. "As a law firm dedicated to protecting the rights of anyone who has been harmed, it’s very rewarding to be recognized for our willingness to take on new and meaningful litigation on behalf of consumers who have been taken advantage of in so many ways.”
Baron and Budd remains at the forefront of litigation on a national scale. The firm continues to actively represent businesses and individuals harmed by the BP oil spill and consumers harmed by a number of banking fraud issues as well as maintaining its cornerstone practice representing victims of asbestos exposure.
The law firm of Baron & Budd, P.C., with offices in Dallas, Baton Rouge, Austin and Los Angeles, is a nationally recognized law firm with over 30-years of "Protecting What’s Right" for people, communities and businesses harmed by negligence. Baron & Budd’s size and resources enable the firm to take on large and complex cases. The firm represents individuals, governmental and business entities in areas as diverse as water contamination, Gulf oil spill, Qui Tam, California Proposition 65 violations, unsafe drugs and medical devices, Chinese drywall, deceptive advertising, consumer financial fraud, securities fraud and asbestos cancers such as mesothelioma. //baronandbudd.com