The Experience and Sophistication
of a large firm...
the
personal attention of a Trusted
Advisor.
Okin & Adams LLP is a boutique
Houston law firm assisting businesses of all sizes with many
of the legal, financial and strategic challenges they frequently
face. We provide our clients with business-based, practical
solutions to these challenges by applying years of experience
in the areas of commercial litigation, bankruptcy, corporate
restructuring and asset purchases and sales.
Our lawyers have years of experience at some
of the largest law firms in the country, frequently representing
and advising major public companies in complex legal matters.
Our mission is to provide our clients with all of the same
expertise and skill found at large law firms, while doing
so in an environment specifically designed to produce results
as efficiently and effectively as possible.
We
appreciate your taking time to visit our web site and to learn
more about how we can assist you in handling your legal issues.
Please contact us to set up a meeting so that we can show
you what we can do for you. We look forward to the opportunity
to work with you.
FIRM ANNOUNCEMENTS
August 28, 2007 - Okin &
Adams recently assisted our client Newmont (USA), Ltd. and
its wholly owned subsidiary, Resurrection Mining Company,
in settling numerous, long-standing disputes related to the
California Gulch Superfund Site near Leadville, Colorado.
This settlement of more the $200 million in claims was reached
as part of the environmental claim estimation process which
is underway in the United States Bankruptcy Court for the
Southern District of Texas in Corpus Christi in the ASARCO,
LLC bankruptcy case.
United States Bankruptcy Judge Richard
S. Schmidt entered findings of fact and an order approving
this monumental settlement on August 28, 2007. Bankruptcy
Court approval was the final hurdle in the bankruptcy case.
The settlement between Resurrection/Newmont and the government
must now be finalized through the entry of a consent decree
in United States District Court in Colorado. Once the consent
decree is entered later this year, our clients will have achieved
what one of the lawyers representing a class of creditors
in the bankruptcy described as "a remarkable settlement
of an extremely complicated situation."
Since 1956, ASARCO and Resurrection
had been parties to a joint venture for the development and
mining of ore in and around Leadville, Colorado. In addition,
both had been involved...
continued here
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