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LNL – Jim Hood, State Farm...

LNL – Jim Hood, State Farm settlement includes venue stipulation

By: Magnolia Tribune - September 10, 2010

Hood, State Farm settlement includes venue stipulation

The stipulation was dictated into the recently unsealed record at a settlement conference in February 2008.

“This court, being the U.S. District Court for the Southern District of Mississippi, would retain jurisdiction to enforce and conduct any necessary hearings relative to the settlement agreement; and should any future investigations arise that the Office of the Attorney General should desire to pursue or commence against State Farm, either State Farm entity in this case, arising from the handling of any Katrina claims, that those investigations would first — as a mandatory condition, must first be submitted to the U.S. District Court for the Southern District of Mississippi with both parties, that being State Farm and the Attorney General’s Office, having an opportunity to be heard as to whether or not that is, indeed, outside the scope of the January 23, 2007, letter agreement,” Judge David Bramlette said, according to a transcript of the settlement conference.

Legal Newsline
9/9/10

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.