Recently, the Plaintiffs’ Steering Committee and BP jointly filed a motion requesting Judge Barbier to extend the deadline for settlement opt-outs to opt back in. Previously, any party that opted out of the Economic Settlement had until November 5, 2012 to opt back in without BP approval. We are pleased to report that on November 16, Judge Barbier granted the parties’ motion, and has extended the opt-in deadline to December 15, 2012. Importantly, parties objecting to the settlement must drop their objection before they will be permitted to opt back in.
Judge Barbier also clarified the opt-in deadline for Medical Settlement participants. Class members of the Medical Settlement who opted out may opt back in by December 15, 2012, or by the date of a final order and judgment approving the Medical Settlement, whichever is later. But like the Economic Settlement, Medical Settlement class members must drop their objections to the settlement before they will be permitted to opt back in.
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