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Trial opens in suit against Costner over BP deal
Question of the Day
NEW ORLEANS (AP) - Kevin Costner’s fame is the only reason fellow Hollywood actor Stephen Baldwin and another person sued Costner over their investments in an oil cleanup device tried out after BP’s spill in the Gulf of Mexico, Costner’s attorney said as trial opened in the multimillion-dollar business dispute.
Baldwin and friend Spyridon Contogouris claim Costner and business partner Patrick Smith duped them of their shares of an $18 million deal for BP to buy oil-separating centrifuges after the April 2010 oil spill.
Costner’s attorney, Wayne Lee, said his client played no role in Baldwin and Contogouris‘ decision to sell their shares in a company that marketed the centrifuges to the energy company for $1.4 million and $500,000, respectively.
Plaintiffs’ attorney James Cobb accused Costner and Smith of spinning a web of lies that cheated his clients out of millions of dollars, telling the eight jurors that the case is about deception “fueled by power and greed.”
“Celebrity has no place in this courtroom or in any of the issues that need to be resolved,” the judge said.
Among Baldwin’s roles was caveman Barney Rubble in “The Flintstones: Viva Rock Vegas.” Costner’s films include the Academy Award-winning “Dances with Wolves,” as well as “Bull Durham,” `’Field of Dreams,” “No Way Out,” “The Bodyguard,” and “JFK,” Oliver Stone’s conspiracy film about the assassination of President John F. Kennedy.
Lee said Costner, who had lost roughly $20 million in an earlier effort to market the centrifuge technology to the oil and gas industry, decided to lobby BP to use the devices after the oil spill because he wanted to help protect the Gulf Coast from the nation’s worst offshore oil spill.
“No good deed goes unpunished,” Lee said.
At the height of BP’s efforts to stop the massive flow of oil from its blown-out well, the company ordered 32 of the centrifuges and deployed a few of the machines on a barge in June 2010. BP capped the well the following month and the well was permanently sealed in September 2010.
Baldwin and Contogouris claim they were deliberately excluded from a June 8 meeting between Costner, Smith and BP executive Doug Suttles, who agreed to make an $18 million deposit on a $52 million order for the 32 machines.
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