Hare Wynn has successfully pursued a claim on behalf of real estate developer, Brett/Robinson, regarding the catastrophic Gulf of Mexico oil spill. The firm has a long-standing, successful track record of victories in cases against many of the worlds’ largest oil producers.
Brett/Robinson, for the Phoenix West II condominium project in Orange Beach, Alabama, said today that after several months of discussions, they have reached an agreement with British Petroleum (BP) to provide a $37.2 million cash payment to the Phoenix West II project. This represents a major economic development project for the area which, once completed, will result in significant tax revenues for both state and local government.
“This project will bring significant economic benefits to the region and our State,” said Governor Bob Riley, First District Congressman Joe Bonner and Orange Beach Mayor Tony Kennon in a joint statement. “The estimated direct and indirect economic impact of this project to this region and the State of Alabama is considerable during construction and the project will generate millions annually. Its completion will serve as a bold statement that the sandy white beaches of the Gulf region remain vibrant and healthy and are poised for a very bright future. This is a step in the right direction and we look to Brett/Robinson now to see the project through to completion.”
U. S. Senator Jeff Sessions said, “I am happy that this agreement has been reached. I believe it will be an important step for the recovery of the Alabama Gulf Coast.”